Skip to Content

Audit and Compliance Committee

The activities of the Audit and Compliance Committee are governed by the Audit and Compliance Committee Charter that articulates the committee’s duties and responsibilities. The committee’s responsibilities, as they relate to the operation and management of the Board, are to provide oversight of activities related to internal audit, financial controls, compliance and ethics; to review significant accounting and reporting issues and confirm appropriate management responses; to review risk assessment methodologies and risk management policies; to assess the effectiveness of the internal control system; and to review and confirm appropriate management response to any report of significant audit or compliance-related findings and recommendations. The committee’s responsibilities, as they relate to the operation and management of the System, are to act as a liaison with university boards of trustees; review university independent financial and operational and internal university audit reports; identify trends in these reports and confirm that adverse trends are being addressed; initiate inquiries if the committee has reasonable cause to believe a university is not providing for appropriate response to significant or repeat audit findings; direct the Board’s Inspector General to conduct an inquiry or investigation if the committee has reasonable cause to believe that a university board of trustees is unwilling or unable to provide for objective investigation of credible allegations of fraud or other substantial financial impropriety; and perform due diligence to help ensure the accuracy of data submitted to the Board.

Members

Chair
  • Charles H. Lydecker
Vice-chair
  • Kent Stermon
Members
  • Aubrey Edge
  • Patricia Frost
  • H. Wayne Huizenga, Jr.
  • Alan Levine
Staff
  • Julie Leftheris

Sessions

Date Range Filter

Florida Board of Governors Conference Call

May 5, 2020
LocationLink to conference call:
https://primetime.bluejeans.com/a2m/live-event/uvxsxgey

and/or:

Phone Number:
1 (415) 466-7000 (US)
PIN: 7546224 #
Agenda & Meeting Materials

Audit and Compliance Committee

Tuesday, May 5, 2020, between 2:30 and 3:00 PM

Agenda

Call to Order and Opening Remarks

Governor Charlie Lydecker

Concluding Remarks and Adjournment

Governor Lydecker

Florida Board of Governors Meeting

March 25, 2020
Location

PHONE NUMBER CHANGE
By Conference Call
Dial-in Number: 888-585-9008
Board Member Conference Room #: 855-816-970

Agenda & Meeting Materials

Audit and Compliance Committee

Tuesday, March 24, 2020, between 4:00 and 4:30 PM

Florida Board of Governors Meeting

January 29 – 30, 2020
Location

Room 208
Turnbull Conference Center
Florida State University
555 West Pensacola Street
Tallahassee, FL 32301
January 29-30, 2020

Agenda & Meeting Materials

Audit and Compliance Committee

Wednesday, January 29, 2020, between 3:00 and 4:00 PM

Agenda

Call to Order and Opening Remarks

Governor Charlie Lydecker

Florida Agricultural and Mechanical University – Athletics Program Mid -Year Financial Update

Mr. Kelvin Lawson

OIGC Updates

Ms. Leftheris

Concluding Remarks and Adjournment

Governor Lydecker