Governance

Finance, Audit & Risk Committee

Advisory body monitoring financial health, audit compliance and enterprise risk management.

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Purpose

The Finance, Audit & Risk Committee provides independent assurance to Council on the University's financial management, internal controls and risk environment.

Key responsibilities

  • Scrutinise annual budgets, management accounts and the financial statements.
  • Oversee internal and external audit programmes and follow-up of findings.
  • Maintain the institutional risk register and assurance map.
  • Advise Council on investment, treasury and value-for-money matters.

Composition

Independent Council members with financial expertise (majority), the Finance Director and the Head of Internal Audit in attendance.

Meets

Quarterly.

Committee head

Committee Chair

To be announced

chair.finance-audit-risk@southshore.edu.gh