What is the role of the Joint Committee on Inspection?
The Joint Committee on Inspection (JCI) is Harvard’s audit committee. The JCI has oversight responsibilities for all financial, operational and compliance matters and any issues and risks as a result of control weaknesses in these areas. The JCI reports to the President and Fellows of Harvard College (the “Corporation”) and fulfills its oversight responsibilities by reviewing compliance, financial and operational information to be reported and the systems of internal controls established within the University and the audit process. In the conduct of its business, the committee generally meets four times a year. In fiscal year 2001, the committee adopted a charter which outlines the committee’s general responsibilities. The JCI consists of two representatives of the Corporation and three representatives of the Board of Overseers of Harvard College.
