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THE FLORIDA INTERNATIONAL UNIVERSITY BOARD OF TRUSTEESFINANCE AND AUDIT COMMITTEE THURSDAY, 6 SEPTEMBER 2007 8:30 A.M. FLORIDA INTERNATIONAL UNIVERSITY MARC INTERNATIONAL PAVILION UNIVERSITY PARK

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Identify the members who will make up the finance and audit committee.

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Establish a meeting schedule for the committee to regularly review financial statements and auditing reports.

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Define the roles and responsibilities of each member within the committee.

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Ensure that there is enough diversity in expertise within the committee to effectively oversee financial matters.

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Maintain open communication between the committee and the organization's leadership to address any financial concerns.

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What is finance and audit committee?

The finance and audit committee is a governance body within an organization, typically responsible for overseeing financial reporting, compliance, risk management, and the organization's internal and external audits.

Who is required to file finance and audit committee?

Organizations that are publicly traded or required by regulatory bodies to disclose their financial activities typically must file reports from their finance and audit committee.

How to fill out finance and audit committee?

To fill out a finance and audit committee report, gather financial data, document findings from audits, include compliance assessments, and ensure that all information meets regulatory standards before submission.

What is the purpose of finance and audit committee?

The purpose of the finance and audit committee is to ensure the integrity of financial reporting, recommend improvements in internal controls, and oversee the audit process to protect the interests of stakeholders.

What information must be reported on finance and audit committee?

The report must include details about financial performance, audit findings, recommendations for improvements, compliance with regulations, and any other significant financial risks identified.

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