The city council has chosen the Audit Committee for the period of 2017 to 2020 on the 7th of June 2017.
The Audit Committee is responsible for organising the auditing of administration and finances and the assessment according to the Local Government Act, for the Helsinki City and the City Group for the financial years from 2017 to 2020. There are 9 members on the Committee, with each having their own personal deputy member. The chairman and the vice-chairman must be councillors.
The Committee prepares matters concerning the auditing of administration and finances (e.g. the election of the Auditor) for the City Council to decide upon. The Committee shall annually assess whether the operational and financial targets set for the City and the City Group have been achieved. In addition, the Committee co-ordinates the auditing of the City and the City Group.
The Committee follows the administration and finances of the City and the City Group and the changes that happen in them. The Committee approves the plan for arranging auditing for the City Group's subsidiary companies and foundations, and nominates the candidates for their auditor positions.
The Audit Committee is directly liable to the City Council. The Committee presents its Annual Assessment Report to the City Council by the end of April.