Audit and Risk Committee

About the Audit and Risk Committee

The Audit and Risk Committee is responsible to Council for adequate and effective risk management, control and governance (including ensuring the probity of the financial statements and the effective management and quality assurance of data submitted to funding bodies) and for the economy, efficiency and effectiveness of the institution’s activities.
 

Audit and Risk Committee business

The Audit and Risk Committee meets four times a year with the University’s internal and external auditors in attendance. Senior officers including the Executive Director of Finance attend meetings, but are not members of the Committee. At least once a year, members of the Committee meet the internal and external auditors for discussion without officers present. The Committee considers detailed reports including recommendations for internal control, and management reports from HEFCE as they affect the University’s business and monitors adherence to regulatory requirements.

On an annual basis, the Audit and Risk Committee submits a report for approval by Council. The report covers risk management, value for money and quality assurance of data. The internal auditors also submit an annual report for consideration and approval by Audit and Risk Committee.

Click on the Terms of Reference and Membership link to see Audit and Risk Committee’s full remit
 

Secretary to Audit and Risk Committee

Dr Martin Toner, Assistant Secretary, Legal and Governance, Room 620, Maxwell Building 
email: m.toner@salford.ac.uk

Dates of Audit and Risk Committee meetings

2016/17

  • Tuesday 20 September 2016 at 2:00pm
  • Thursday 3 November 2016 at 2:00pm (includes joint session with Finance and Resources Committee)
  • Tuesday 21 February 2017 at 2:00pm
  • Thursday 8 June 2017 at 2:00pm

2015/16

  • Tuesday 8 September 2015 at 4:00pm
  • Tuesday 3 November 2015 at 2:00pm
  • Tuesday 16 February  2016 at 2:00pm
  • Wednesday 25 May 2016 at 4:00pm


Audit and Risk Committee dates are included in the University of Salford Almanac.

Papers for consideration by the Committee must reach the Secretary at least two weeks in advance of the meeting at which they are to be considered.