As a committee of the Board of Trustees of the University of Pittsburgh, the Audit Committee shall assist the Board in fulfilling its oversight responsibilities with respect to the annual financial reporting process, the system of internal controls that management has established, and the internal and independent audit process.
The Committee provides an avenue for communication between the internal auditing department, the independent auditor, financial management and the Board. The Committee has been granted by the Board of Trustees the power and authority to act on its behalf to appoint, compensate, and oversee the University’s independent auditor and the retention of other external professionals as needed; to approve the University’s financial statements and the Office of the Auditor General’s annual audit; and to perform other duties as delineated in the Audit Committee Charter. The Committee will periodically report to the Board on its activities.
Liaison to the Committee
John P. Elliott (Director of Internal Audit)