Group Audit & Risk Management Committee

The Group Audit & Risk Management Committee meets on a quarterly basis to receive reports from the Internal Auditors on the Group’s systems of control, effectiveness of risk management and governance arrangements. The Group Audit & Risk Management Committee is also primarily responsible for scrutinising control systems, risk management and receiving Internal Audit reports. Amongst its duties are:

• agreeing an annual programme of internal audit inspections
• making recommendations for improvement
• reporting to Governing Bodies on findings

The Group Audit & Risk Management Committee can consist of a minimum of 5 and a maximum of 7 members with one place being reserved for a member of Cordale’s Governing Body and one for a member of Bellsmyre's Governing Body. Current membership of the Group Audit & Risk Management Comittee is as follows:

Chair

 Alex McDougall

 

 Graham Logan

 

 Ian Gray

 

 Andrew Richmond

 

 Lorna  Williamson

 

 Lilian Peters (Cordale representative)

Terms of Reference have been prepared to support the work of the Group Audit & Risk Management Committee and be accessed by clicking on the link below.

Group Audit & Risk Management Committee - Terms of Reference

Minutes of our Audit & Risk Management Committee meetings are available to view in the downloads section of our website.