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.