Page 67 - SIGA Annual Report 2014

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The Board of Directors was comprised of 13 Members
for the year. The Federation of Saskatchewan Indian
Nations and the Tribal Councils nominate these
Members (one per Tribal Council). There is one
independent director appointed by the SIGA Board
with financial expertise. Only individuals registered
as gaming employees under The Alcohol and Gaming
Regulation Act 1997 may be Members of the Board.
As per the Casino Operating Agreement, the Board
structure is comprised of no more than 13 Directors. 
The 2013-2014 Directors are as follows:
Tribal Chief Felix Thomas
Chief Edward Henderson
Chief Reginald Bellerose
Chief Brian Standingready
Robert Gerow
Chief Richard Ben
Carole Bryant
Chief Larry Ahenakew
Chief Delbert Wapass
Amanda Louison
Kevin Poock
Dr. Ron Martin
Chief Mary Anne Daywalker-Pelletier
The Board also has an Advisor:
Senate Advisor, Roland Crowe
The Board may appoint any committees that it
considers necessary for the efficient conduct of the
affairs and business of SIGA and may prescribe the
duties of any committee it appoints. It is important to
note that assignment of responsibility by the Board
to a committee does not absolve the full Board from
responsibility for a committee’s work or decisions. The
Chair is ex-officio on all committees and may attend
any meeting as deemed appropriate. All committees
have established terms of reference governing their
conduct and mandate.
The Board has three (3) committees with established
terms of reference governing their code and mandate.
These three committees are as follows: Audit and
Finance, Governance (includes, Human Resource,
Compensation & Ethics and Governance mandates)
and Strategic Affairs.
The Audit and Finance Committee monitors the
financial performance and internal controls of SIGA,
assesses risk management strategies, and acts as
a liaison between the internal and external auditors
and the Board. This committee is responsible for the
internal audit function and has retained an independent
internal auditor is accountable to the Board through
the Audit and Finance Committee and has unimpeded
access to corporate information and reports. SIGA‘s
internal auditor is Price Waterhouse Coopers (PWC).
The fee for the internal audit function for the fiscal
year is $491,906.50. The committee monitors
internal controls over the financial reporting process,
auditing matters and financial reporting issues. The
SIGA audit is completed by the audit firm Deloitte
LLP. In addition to the statutory audit requirements,
Deloitte LLP submits management letters that contain
internal control recommendations and identification of
management and system control risks. Deloitte LLP
has examined the corporation’s financial statements
and issued an auditor’s report included in this annual
report. The fee for the audit for the fiscal year is
$263,466.26. Deloitte LLP provided non-audit services
of $13,413.27 this fiscal year. The committee met six
times in the 2013-2014 fiscal year.