Charter
The Audit Committee of the Board of Trustees is charged with the following responsibilities:
- Monitor the integrity of Montgomery School's financial reporting process and systems of internal controls regarding finance, accounting, and legal compliance
- Monitor the independence and performance of Montgomery School’s independent auditors.
- Provide an avenue of communication among the independent auditors, management, and the Board of Trustees
- Authorize or conduct investigations appropriate to matters within the Committee's scope of responsibilities
- Annually prepare a report to the Board, indicating that the members have reviewed and discussed the audited financial statements with management and with the independent auditors.
- Report significant issues to the Board of Trustees.