Governance
Finance, Audit & Risk Committee
Advisory body monitoring financial health, audit compliance and enterprise risk management.
Purpose
The Finance, Audit & Risk Committee provides independent assurance to Council on the University's financial management, internal controls and risk environment.
Key responsibilities
- Scrutinise annual budgets, management accounts and the financial statements.
- Oversee internal and external audit programmes and follow-up of findings.
- Maintain the institutional risk register and assurance map.
- Advise Council on investment, treasury and value-for-money matters.
Composition
Independent Council members with financial expertise (majority), the Finance Director and the Head of Internal Audit in attendance.
Meets
Quarterly.