Victoria University (Toronto, Ont.). Board of Regents Audit Committee

Identity area

Type of entity

Corporate body

Authorized form of name

Victoria University (Toronto, Ont.). Board of Regents Audit Committee

Parallel form(s) of name

  • Audit Committee of the Board of Regents

Standardized form(s) of name according to other rules

Other form(s) of name

Identifiers for corporate bodies

Description area

Dates of existence

1981-2016

History

In 1981, it was noted at a Board of Regents meeting that there was a need for boards to have financial accountability and ensure that all comments made by their auditors were considered seriously and that appropriate steps were taken in response. A motion was carried to appoint an audit committee made up of 5 members to review the annual financial statement before receipt by the Finance and Property Committee and the annual post-audit statement submitted by the auditors. In consultation with the President, Bursar and the Chief Accountant, the committee would ensure that the auditors’ recommendations were acted upon in appropriate ways. The Committee’s first Chairman was Mr. R. I. Priddle. The Bursar and the Chief Accountant were consultants on the Committee. The Committee first met in June of 1981. The Committee reports the Board of Regents annually. In 2016 it was decided to merge the Audit Committee with the Finance Committee to create a new Finance and Audit Committee.

Places

Legal status

Functions, occupations and activities

Mandates/sources of authority

Internal structures/genealogy

General context

Relationships area

Related entity

Victoria University (Toronto, Ont.). Board of Regents (1884-)

Identifier of related entity

Category of relationship

hierarchical

Type of relationship

Victoria University (Toronto, Ont.). Board of Regents

controls

Victoria University (Toronto, Ont.). Board of Regents Audit Committee

Dates of relationship

Description of relationship

Related entity

Victoria University (Toronto, Ont.). Board of Regents Finance and Audit Committee (2016-2018)

Identifier of related entity

Category of relationship

temporal

Type of relationship

Victoria University (Toronto, Ont.). Board of Regents Finance and Audit Committee

is the successor of

Victoria University (Toronto, Ont.). Board of Regents Audit Committee

Dates of relationship

2016

Description of relationship

Access points area

Subject access points

Place access points

Occupations

Control area

Authority record identifier

Institution identifier

Victoria Univesity Archives

Rules and/or conventions used

Status

Level of detail

Dates of creation, revision and deletion

MB 2017
JT 2018

Language(s)

Script(s)

Sources

Maintenance notes

  • Clipboard

  • Export

  • EAC

Related subjects

Related places