Audit Committee

About:

The purpose of the Audit Committee is to provide oversight for financial reporting, internal controls and auditors activities.

Audit Committee shall be comprised of three members, two of which shall be members of the Board of Education and one community member with financial experience.

All audit committee proceedings shall be open to the public and noticed in the same manner as proceedings of the Board. Committee meetings shall be subject to the provisions of the Ralph M. Brown Act. (Education Code 15280; Government Code 54952)

Assistance will be provided to those requiring accommodations for disabilities in compliance with the Americans with Disabilities Act of 1990. Interested persons must request accommodations at least 48 hours in advance of the meeting by contracting the Business Office at (510) 818-4115.

Membership:

If you are interested in becoming a member of Audit Committee, please fill out the Audit Committee application and submit it to Newark Unified School District: 5715 Musick Avenue, Newark, CA  94560 (Attention:  Business Services Department).

Audit Committee member appointments must be approved by the Board of Education. The appointment to serve is a two-year term commitment.

Members:

Name

Member Type

Serving in 1st or 2nd Term?

Term Ends

Nancy Thomas

NUSD Board of Education Member

 2nd
Francisco Preciado

NUSD Board of Education Member

 1st
Lynne Klein

Community Member

 2nd

Aaron Weisz

Non-Voting Member

 1st

Excerpt from NUSD Board Policy 3460:
Audit Committee
The Board may appoint an audit committee composed of staff knowledgeable about fiscal matters, other staff, and representatives of the community.
The committee shall serve in an advisory capacity and may:

  1. Make recommendations regarding the selection of the external independent auditor in accordance with Education Code 41020 and 41020.5
  2. Review the plan for the audit process with the independent auditor to determine the adequacy of the nature, scope, and timetable of the audit
  3. Review the results of the audit and participate with the independent auditor and management in preparing final recommendations and responses
  4. Participate with the independent auditor in presenting the audit report to the Board
  5. Review Board policies and administrative regulations to recommend any revisions needed to ensure effective financial reporting
  6. Provide input on the effectiveness of the independent auditor
  7. Periodically report to the Board regarding the status of previous audit recommendations for improving the accounting and internal control systems