Audit Committee Member Job Description for Nonprofits

Committee members are responsible for assisting the Board of Directors (Board) and Senior Management in safeguarding the Organization’s assets; ensuring the effectiveness of internal controls and the reliability and integrity of financial and operational information; maintaining the effectiveness and efficiency of the Organization’s operations; complying with applicable laws and regulations; fostering and evaluating Enterprise Risk Management (ERM) activities to ensure the Organization’s long-term viability and success; and ensuring the Organization has an annual audit conducted in a timely fashion.