Policies, Regulations Forms and Bylaws

7410-10 | Audit Services Regulation

Date Approved: April 24 2015
Date Reviewed/Amended: August 11 2016

Audit services provided on a continuing basis to or on behalf of the District by an independent auditor shall be authorized over a renewable term not to exceed five (5) years. 

The continuing use of a particular audit firm will depend upon a favourable evaluation of services after not more than two (2) years. 

A tender bid process will be used to select an independent audit firm. 

Factors to be considered in the choice or continued use of an audit firm shall include: 

  • Capability of Audit Firm
  • Capability of Audit Team (Assigned Staff)
  • Proposed Audit Strategy
  • Price