This scrutiny of the annual accounts on behalf of the members is a vital part of CIB’s governance and once again we invite members’ assistance
Members may be aware of the important role of the CIB’s Committee of Examination, for which we invite members to volunteer to serve in 2027 and 2028 to review the annual accounts for 2026 and 2027 respectively.
The role of the Committee of Examination is similar to that of an Audit Committee. We would expect to receive the CIB’s draft annual accounts for 2026 by March/April 2026 for review, after which we would hold an online meeting which typically lasts 2 hours, involving the members of the Committee plus the Honorary Treasurer and Chief Executive. A report based on the discussions at the meeting will then be signed off by the Committee members after any comments by the end of April/early May. The total process should last no more than a month and require maybe 5-6 hours maximum.
Members have usually served on this Committee for two years. A current Board member cannot serve in this role, but someone else from the same institution as a Board member is permitted.
Please consider and contact Don Ward if you are able to volunteer for this role, indicating any relevant experience for this type of role. The Officers, Board and all members of CIB would be most grateful.
