In 2014 it was agreed Euro-IX would no longer use external auditors and instead ask for a group of members to come together to form an audit committee. Since then the Euro-IX accounts have been prepared by an external independent accountant (Michael Lewis) and then been audited by an audit committee with a set of guidelines. With an aim to formalise the process we propose the following process.

 

Audit Committee Selection

Any Euro-IX member with some financial background are invited to volunteer themselves for
the audit committee;


The Audit

The audit will be carried out during March and April of every year and the audit committee are expected to;


Review Documents Provided

Review documents to be provided by the Euro-IX Secretariat include:

If there are any concerns from the audit committee on the financial statements, they may request further information in the form of bank statements and receipts.