About USAC:

• USAC Overview
• Universal Service Fund
• Governance
  • Board of Directors
  • Corporate By-Laws
  • FCC Filings
  • Annual Reports
  • Audit Committee
• Leadership
• Success Stories
• Resource Room
• Individual Outreach
• USAC FCC Filings
• USAC FAQs

About USAC Tools:

• Latest News
• Video Tutorials
• Newsletters
• FCC Orders
• Careers
• Fund Facts
• Procurement
• Contact Us

Audit Committee

The USAC Audit Committee consists of five members: a representative from each of the three programmatic committees and two at-large Board members, the latter two preferably with financial, auditing, and/or accounting experience.

The members of the Audit Committee are:

Name	Representing
David P. McClure, Chair	At-Large Member
Anne Campbell	Schools and Libraries Committee
Michael Anderson, Vice Chair	Rural Health Care Committee
Dr. Brian L. Talbott	At-Large Member
Vacant	High Cost / Low Income Committee

 

The USAC Board of Directors charged the Audit Committee to oversee the audit functions of USAC, including but not limited to:

• Review of audit processes and procedures including the scope and contents of all internal and external audits;
• Receipt and review of all audit reports relating to USAC or any participant in the universal service support programs;
• Review of the manner in which audits are performed to ensure that management has interposed no limitations on audits;
• Review of the management response letters provided to external auditors or other organizations on any weaknesses in internal accounting, organization, or operating controls, and approval of appropriate action;
• Review of the annual financial statements and the external audit reports attached to those statements;
• Review of and/or initiation of any other act necessary to ensure compliance with applicable law and the safeguarding of USAC assets, or prompt remedial action relating to identified shortcomings;
• Review, evaluation, and consideration of the adequacy of the systems of internal controls;
• Annual evaluation of the internal and external audits and consideration of the annual audit plans and reports;
• Participation in the selection of external and internal auditors;
• Approval and periodic review of the Internal Audit Division Charter;
• Meetings with the Director of Internal Audit Division and the external auditors;
• Review and acceptance of annual internal audit plan; and
• Performance of periodic review of the Audit Committee Charter and self-assessment of Audit Committee performance.