- Category: Administration/Budget
- Topic: Internal Audit Function
- Board meeting date: 25 June 2010
- Resolution number: 2010.06.25.29
- URL for Board minutes/resolution: http://www.icann.org/en/minutes/resolutions-25jun10-en.htm#10
- Status: Completed
Summary
Recognition of Institution of an internal audit function.
Text
Internal Audit Function
Whereas, the Board Audit Committee (BAC) has been carefully considering the institution of an internal audit function within ICANN as a best practice for financial controls and accountability within the organization.
Whereas, the BAC, through staff, identified an initial scope and firm to perform the internal audit function and report the results of such function directly to the BAC.
Whereas, the BAC had an initial discussion with the internal audit firm while in Brussels, and provided a brief presentation to the Board on the initiation of the internal audit function.
Resolved (2010.06.25.29), the Board appreciates the Board Audit Committee's institution of this important step in continued best practices for audit committees and increased accountability for the organization.
Implementation Actions
- None
Other Related Resolutions
- To be determined.
Additional Information
- The Internal Audit Function was formed as part of the Board Audit Committee's focus on best practices. Information on the Board Audit Committee's work and records of meetings can be found at http://www.icann.org/en/committees/audit/.
- The resolution does not address funding for the items identified therein.
Explanatory text does not modify or override Resolutions. See Board Meetings and Resolutions Web Page for more information.
