Reporting to the Board of Directors, the Audit and Risk Committee oversees financial reporting, audit, and compliance with laws and regulations. The Committee also advises on enterprise risk management for the Association.

The Audit and Risk Committee:

• Oversees the financial reporting process, audit process, system of internal controls and compliance with laws and regulations.
• Develops policies and advises Board on enterprise risk management.
• Oversees the identification, measurement and management of the Association’s principal risks, and the implementation of policies and standards for monitoring and mitigating those risks.
• Proposes auditors for the Association.