Finance and Audit Committee

Chair:

  • Marco Marchetti, Treasurer (Italy)

Members:

  • YingYao Chen (China)
  • Franz Pichler (Australia)
  • Kalipso Chalkidou (United Kingdom)
  • Alric Rüther (Germany)

Observers:

  • Daniel Lalonde, HTAi Executive Director (Canada)

Terms of Reference

  • Chair: Treasurer
  • Members: At least 2 HTAi members with organizational financial management experience, nominated by the Chair of the Finance and Audit Committee and ratified by the Board
  • Term of appointment: Three years, except for the Chair, whose term shall be for his/her term as a member of the Board
  • Frequency of meetings: As needed, at the call of the Chair

Responsibilities/Authority:

Overseeing the overall development and approval of the annual budget by:

  • reviewing revenue forecasts and expenditure plans presented by management;
  • making recommendations to the board for approval of an annual budget;
  • monitoring actual revenues and expenditures against the budget forecast, and recommending to the Board any necessary adjustments; and
  • reviewing the annual audited financial statements with the auditor.