The Audit Committee is appointed by the Executive Committee and the Tribal Council of the Eastern Band of Cherokee Indians and approved by Tribal Council in accordance with Chapter 117, Article V of the Cherokee Code. The Audit Committee assists the Office of Internal Audit in monitoring:
1. The integrity of the financial statements of the Tribe
2. The independent auditor’s qualifications, independence, and performance
3. The performance of the Tribe’s internal audit function
4. The compliance of the Tribe with legal and regulatory requirements
5. Adequate systems of internal controls operate within the Tribal government
The primary mission of the Audit Committee is to assist the Tribal government in fulfilling its financial and control responsibilities to ensure the safeguarding of Tribal assets by reviewing the reports issued by the Office of Internal Audit, that will be provided to management, and the systems of internal controls established by management.
The Audit Committee, comprised of five voting* members and four non-voting members, meets at least quarterly.
