Mission Statement: To provide technical and operational direction for the annual audit of USA Swimming finances, to serve as a liaison to the Board of Directors and the external audit team, and to ensure that the highest levels of accountability are applied to all financial procedures.
Membership: The Audit Committee shall be comprised of five members appointed by the President, as follows: an Executive Committee member, a Zone Director, an athlete from a slate submitted by the Athletes’ Committee, and two additional members with designated financial experience. No member of the committee shall have check-signing authority for the corporation. Each non-athlete member shall serve a four-year term, staggered so that one member is named each year.
1. Reviewing and accepting the annual audited statements, accompanying opinion letter, and management letter.
2. Making a recommendation for acceptance to the Board of Directors.
3. Evaluating the system of internal control of the corporation.