Audit & Finance Committee
Governance

Audit & Finance Committee

The Audit & Finance Committee oversees:

  • HOOPP's financial reporting
  • internal controls
  • audit procedures
  • information technology governance

The Audit & Finance Committee also oversees risk management. The committee reviews and makes recommendations regarding the appointment and performance of HOOPP's external auditor. This committee also reviews HOOPP's annual budget – prior to submitting it to the Board for approval – to ensure that it is reasonable and appropriate in meeting HOOPP's business and strategic objectives.

The committee further has responsibility for monitoring HOOPP's internal controls, compliance, and evolving best practices.