Meetings of Audit and Executive Committee

Meetings of Audit and Executive Committee

Following the Audit and Executive Committee meetings held on 6 August 2007, there has been positive feedback from the Audit Committee itself on the improvements that have been made to the Institute's overall financial control and monitoring processes and systems.

The major items discussed at the Executive Committee were the draft AIT Charter, which is expected to be finalized at the special meeting of the Board on 6 September 2007, and the proposal for the establishment of an AIT Center in Pakistan. AIT's engagement in undergraduate degree programs were in general supported by the Executive Committee. More details are provided in the recently announced summary report.