When public bodies get into difficulties and/or governance failure occurs, one of the first questions that is asked is “Where was the Audit and Risk Committee?”.
In this course, you will gain a detailed understanding of the roles and responsibilities of the Audit and Risk Committee and practical guidance on the critical success factors that will determine whether or not an Audit and Risk Committee is successful. In addition to covering the fundamental roles and responsibilities, the program will cover:
- The Audit and Risk Committee’s role in relation to risk management and setting risk appetite
- Relationships with the Board, other Committees, Chief Executive and Director of Finance
- How the Committee and members can really add value to the organization
- Reviewing the effectiveness of the Audit and Risk Committee