The OTS Audit Committee will appoint and approve compensation of OTS’s public accounting firm. The Committee will annually discuss the audit process with the public accounting firm and report to the Board of Directors, and will make a recommendation to the Board of Directors on whether or not to accept the audit. In addition, the Committee will report to the Board of Directors on whether OTS is in compliance with the laws, rules, regulations, and contracts that govern it. The Committee shall be made up of between three and five members, none of whom shall be a member of the Finance Committee. The CEO and the Vice President for Finance and the Chair of the Finance Committee shall support the Audit Committee and attend all meetings of the Committee.
Dorset Trapnell, Chair
William Michener, University of New Mexico
Guillermo Navarro, CATIE
In addition, the Chair of the Finance Committee and/or Treasurer, the VP for Finance, and the President and CEO normally participate in meetings of the Audit Committee in order to provide input and inform the discussion
Last Updated ( 11/23/16 )