Audit Committee
The objective of the Audit Committee is to advise the Board on the College's systems of internal control, risk management and (corporate) governance arrangements.
The scope of the Committee’s work includes working to continuously improve the effectiveness of the College’s internal controls and increasing public confidence in the objectivity and fairness of the Corporation’s financial reports and in the quality of the College’s overall corporate governance.
The Committee also advises the Corporation on the appointments of the College’s internal and financial statements auditors.
The work of the Audit Committee is undertaken through a schedule of reviews covering such things as the College’s financial statements, the way in which the financial management process operates, student record information, franchising and a range of other areas.
A full copy of the Committee Terms of Reference can be found here.