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APTA National - Audit Committee 2025

Signup Deadline: 08-21-2024
Starts: 01-01-2025
Ends: 12-31-2027

Description:

Note for applicants:

  • APTA's Audit Committee is seeking one member to serve a three-year term. 
  •  Applications will be de-identified by name.
  • CV/resumes should not exceed five pages. Anything beyond five pages will not be reviewed. 
  •  Applicants are encouraged to thoroughly complete all sections of the application.

Charge

The Bylaws of the American Physical Therapy Association (Article VII, Section I., B) provide that:

The committee shall be the point of contact and meet at least annually with the Treasurer and the Association’s independent auditors to discuss the annual audit. The committee shall advise the Board of Directors of any irregularities or material findings that arise from the independent audit or other sources.

In addition to the directives as indicated in the APTA bylaws, the Board of Directors’ determined charge for the Audit Committee is to:

·       Participate in the financial information session for Component Leaders at APTA’s Combined Sections Meeting.

·       Serve as the association’s audit committee and meet with the auditors annually to determine the scope of work and review the audit results.

·       Provide oversight of the association’s regulatory compliance, risk management, and whistleblower complaints.

·       Conduct an annual review of the APTA Travel Expense Reimbursement guidelines.

·       Advise and counsel the APTA Board of Directors on proposed and existing Association policies, positions, and binding ethical documents, as requested. Coordinate and collaborate with other APTA appointed groups and stakeholders, when doing so can further the work of the committee.

·       Submit an annual report to the Board of Directors.

 

All APTA appointed groups will conduct their work with the American Physical Therapy Association’s Commitment to Diversity, Equity, and Inclusion in mind and in the context of (1) APTA's Mission, Vision, Strategic Plan and House of Delegates and Board of Directors adopted positions and policies; and (2) the potential for their work to have implications related to physical therapist assistants, women, diversity, and risk management.

Qualifications for Appointees 

Candidates must be:

·       A Physical Therapist or Physical Therapist Assistant member in good standing.

Meetings

This committee holds one annual funded in-person meeting and meets virtually on a monthly basis, as needed. Meeting dates for 2025 are tentatively the following:

March 18 @ 2PM – Virtual

May 13 @ 2PM – Virtual

July 11-12 @ Leadership Congress – In person

October 28 @ 2PM - Virtual

Size of Appointed Group

The APTA bylaws, Article VII., Section 1., B., provides that “The Audit Committee shall consist of at least three members, all of whom shall be Physical Therapist or Physical Therapist Assistant members.”

One Board chair (Board member serving as a consultant to the Finance Committee who is not the APTA Treasurer), three members, and the APTA President serving as ex-officio (APTA bylaws: Article VI, Section 4, A).

Terms of Appointees

The APTA bylaws, Article VII., Section 1., B., provides that “Members shall serve a term of three years. At least one member shall be appointed annually.”

Committee members will serve three-year terms; no appointed committee member will serve longer than one term per group. One member will be selected annually.

Volunteers Needed:

1 (1 open slot)

Experience Required:

No experience

Contact:

Amelia Fernandez
APTA