Audited Financial Statements 2011-2012
In accordance with Board Policy 10 re Committees of the Board, the Finance and Audit Committees met on November 13, 2012 to review the draft audited consolidated financial statements with the external auditor.
John Leitch, Partner of the firm KPMG, Blaine Mendola, Senior Accountant KPMG, and Cheri Carter, Financial Services Administrator, presented to Audit Committee the draft Consolidated Financial Statements for the full year September 1, 2010 to August 31, 2011.
The consolidated financial statements present fairly, in all material respects, the financial position of the board as at August 31, 2012.
The Board approved the draft Consolidated Financial Statements for the period September 1, 2011 to August 31, 2012, as presented.