Amherst Home Rule Charter Section 5.8: Independent Audit
Town Council President
Number of Voting Members:
Term of Appointment:
Clerk of the Town Council
Composition: Three (3) members of the Town Council
Purpose: Annually provide for an outside audit of the books and account of the Town to be conducted by a certified public accountant, or a firm of certified public accountants, which has no personal interest, direct or indirect, in the fiscal affairs of the Town or any of its officers.
Charge: The Audit Committee shall:
adopt procedures for selection of an accountant or firm to perform an audit in compliance with the Town Charter;
meet with the independent auditor to review the annual independent audit of the Town’s financial statements; and
report its findings to the Town Council.
Reports: The report of the Audit Committee, including a report of the audit in final form, shall be filed with the Town Council and the Town Manager not later than March 1 in the year following its award.
Action: The Town Manager shall include in the annual budget a sum of money sufficient to satisfy the estimated cost of conducting the audit as presented to the Town Manager, in writing, by the Town Council.