The Audit Committee was established in 1988. Members of the committee consist of several trustees and financial administrators of the College. The committee selects an independent certified public accountant to perform an annual audit of all the financial records of the College, oversee the audit process, reviews and reports on the College's internal accounting controls and record keeping practices, and directs, supervises, and reports on any special investigations into the accuracy of Mount Holyoke's financial records or any matters that raise questions about the College's compliance with the law or the integrity of ethics of its management.
From the guide to the Audit Committee Records RG 3. 3. 3., 1987-1989, 1993-1994, (Mount Holyoke College Archives and Special Collections)