Gilbert Public Schools Governing Board Audit Committee
Applicants Sought to Fill Vacancy on the Gilbert Public Schools Governing Board Audit Committee:
The Primary function of the GPS Audit Committee is to assist the Board of Education in fulfilling its financial oversight responsibilities to include strengthening the District internal financial controls and to assist in providing greater transparency regarding the District stewardship of taxpayer dollars. This committee is made up of no more than two Board members and up to three at large positions. The three at large positions will fill a 1, 2 or 3 year term to be determined at the first organizational meeting for Fiscal Year 2020. This is a non-paid volunteer position.
The Committee’s specific responsibilities and goals are to:
- Review and appraise the application of accounting, financial and operating controls.
- Ascertain extent of compliance with established District policies, plans and procedures.
- Review the District annual audit and Comprehensive Annual Financial Report in cooperation with the District external auditors.
The Audit Committee shall meet at least quarterly and report to the District Governing Board semi-annually, or more often as needed. Members have initial appointments of 1 year. The committee will operate under conditions of the Arizona Open Meeting Law, ARS 38-431 and ARS 431-01.
Public members of the Audit Committee shall, through education or experience, possess the knowledge in accounting, auditing, financial reporting, and school district finances needed to understand and evaluate the Gilbert Public Schools financial statements, external audit, as well as District internal control processes and procedures.
Applications shall include the online application form, a resume, references, and a letter of intent describing the applicant’s interest in working with this volunteer committee. Applications will be accepted until the positions are filled.