The audit committee examines the processes in place and how they operate. They review the risk management, internal controls, governance arrangements, and in particular to the use of and reports received from external auditors.
The audit committee also produces an annual report for the Board of Governors on the effectiveness and compliance of the committee and is responsible for reviewing the annual financial accounts.
The University's internal auditors are Pricewaterhouse Coopers, the external auditors are Bishop Fleming and both report directly to the audit committee.
Click to read the minutes of audit committee meetings:
Click here to read the terms of reference for the audit committee. These outline the constitution, membership, quorum, duties and reporting procedures for the committee.
Audit Committee - Terms of Reference
The members of the audit committee are: