Audit and Risk Committee

 

The Audit and Risk Committee (ARC) reviews the effectiveness of the University's risk management, control and governance arrangements, and satisfies itself that appropriate arrangements are in place to promote economy, efficiency and effectiveness (value for money). It oversees the University’s internal and external audit arrangements, including the implementation of actions in response to audit-based recommendations, and audit aspects of the financial statements. The Committee receives assurance on the quality and management of data and returns to external agencies such as funding bodies, Office for Students (OfS) and the Higher Education Statistical Agency (HESA); and on compliance with the requirements of regulatory agencies, such as the OfS and UK Visas and Immigration. ARC, in liaison with the Senate, periodically checks the effectiveness and assurance provided by the systems and processes for academic governance, quality and standards.

Membership 2021/22

Membership 2021/21

Ranjit Dhindsa*, Appointed 1st June 2019 (currently until 31st July 2022)

Dr Melanie Gibbs*, Appointed 1st June 2018 (currently until 31st July 2022)

Sanjay Khullar*, Appointed 1st August 2014 (currently until 31st July 2022)

Dr Mike Wright* (Chair), Appointed 16th June 2021 (currently until 31st July 2022)

 

*Current Independent Member of the University Council

At least four members who are independent of the University. Memberships is for three year but may be renewed on up to two further occasions.

 

By invitation 

Dr Rob Perrins, Chair of Finance & Infrastructure Committee

 

In attendance

Secretary

Liam Nevin, Secretary to Council

 

Aston University Officers

Alison Davies, Director of Finance

Alan Hawkesworth, Head of Strategic Risk and Insurance

Neil Scott, Chief Operating Officer

 

Internal Auditors 

Geraldine Rutter, Partner, PWC

Ben Connor, Senior Manager, PWC

 

External Auditors

Kyla Bellingall, Partner, BDO

Sam Lifford, Senior Manager, BDO

Karen Boriwondo, Manager, BDO

Terms of Reference