The Financial Oversight Committee assists the Board of Directors in its oversight of the integrity of NCER’s financial statements and its compliance with legal and regulatory requirements. It does so by periodically:
- Reviewing the organization’s financial information that will be provided to its stakeholders working with management to establish the systems of internal controls.
- Reviewing the systems of internal controls and reports of variance from those controls.
- Reviewing the organization’s accounting, reporting, financial and program compliance practices.
- Reviewing management recommendations to the Board for changes that reflect changes in law or policy.