§ 2.20.080. Municipal Audit Committee.  


Latest version.
  • A.

    The Municipal Audit Committee shall coordinate and may recommend audits on municipal agencies, activities and accounts. The Committee will be chaired by an Assembly Member and will be comprised of six members, three members appointed by the Assembly and three members appointed by the Mayor. The Committee will perform the following:

    1.

    Recommend external auditors to perform such independent financial audits as required by section 6.40.060;

    2.

    Oversee the independent financial audits to ensure that requirements of the audit contracts are satisfied;

    3.

    Consult with the Director of Internal Audit regarding technical issues and review the annual audit plan;

    4.

    Review and endorse the Office of Internal Audit's annual audit plan, submit the annual audit plan to the Assembly and Mayor for approval, and review and comment on any audit plan revisions;

    5.

    Receive and review reports resulting from audits of municipal agencies, activities and accounts; and

    6.

    Selectively review management action taken to implement audit recommendations contained in all reports of audit at a meeting of the Municipal Audit Committee.

(AO No. 88-68(S); AO No. 92-81(S); AO No. 95-165(S-1), § 1, 10-3-95; AO No. 2017-40 , § 3, 3-21-17)

State law reference

Audits, AS 29.35.120.

Cross reference

Finance, tit. 6; reports and audits, ch. 6.40.

Charter reference

Boards and commissions generally, § 5.07; audits, § 13.10.