Agenda Item #43
Adoption of Charter of Internal Audit
Standard 1000 from the International Standards for the Professional Practice of Internal Auditing states that the purpose, authority, and responsibility of the internal audit activity should be formally defined in a charter, consistent with the Standards, and approved by the Board. The Audit Committee has approved both the creation and adoption of the attached Charter.
Adopt the attached Charter of Internal Audit.
Information - 12/8/2009
Authority for Action
International Standards for the Professional Practice of Internal Auditing, Attribute Standard 1000
Involves Expenditure of Funds Directly in the Classroom
Source of Funding
Agenda Item will not Require the Expenditure of Funds
Jo Ann Clark, Director of Accounting Services, ext. 660
Judy Preston, Associate Superintendent of Financial Services, ext. 600
Attachment: Charter of Internal Audit.pdf