Diff of AuditCommittee r1

Revision 1, 2026-06-20T10:17:00Z, by RiverCityClerk.
+ = Audit Committee =
+ The Audit Committee assures that financial disclosures made by management reasonably portray the City's financial condition, results of operations and plans, and long-term commitments. It oversees external audit coverage, reviews accounting policies, and reviews financial statements. The City states that members should collectively possess technical expertise in accounting, auditing and financial reporting.
+ '''Established''' by the [[CityCommission]] in October 1992, and updated on May 17, 2016 to add a private citizen.
+ '''Membership''' — six: the Mayor, one Commissioner, the [[CityManager]], the Finance Director, and two private citizens appointed to three-year terms.
+ '''Meets''' on demand. An Audit Committee Charter dated May 2, 2023 is posted by the City.
+ = In the record =
+ An appointment was made at [[CityCommission2025-09-16]] and a reappointment at [[CityCommission2026-06-02]], both 5-0. The Commission approved a three-year audit contract with '''Eide Bailly LLP''' at [[CityCommission2025-02-04]]. The [[AnnualComprehensiveFinancialReport]] and audit reports for fiscal year 2025 were accepted at [[CityCommission2026-01-20]].
+ ----
+ Audit Committee: https://greatfallsmt.gov/455/Audit-Committee
+ [[FinanceDepartment]] · [[CityBudget]] · [[BoardsAndCommissions]] · [[Categories]]
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