Finance, Audit & Risk Committee

The Finance, Audit and Risk Committee undertakes oversight of the internal control and risk management systems within the Trust.

Reporting to the Board of Trustees, the committee meets quarterly to review the framework of controls that are in place to assess and manage risk associated with the running of the Trust.  This includes:

• Review and approval of the accountancy, auditing and legal services
• Health and safety policies and procedures
• Risk associated with proposed changes to strategy and growth of the Trust
• Generally monitoring and reviewing the functions and running of the Trust
• Maintain oversight of budget setting, financial monitoring and statutory reporting
• Top slice and central services, buildings maintenance and development
• Site security
• Defining delegated authority limits
• Staffing
• Reviewing policies associated with financial management and people management across the trust