Committees
Audit Committee
The objective of the Audit Committee is to advise the Board on the group’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 group’s overall corporate governance.
The Committee also advises the Board of the Corporation on the appointments of the group’s internal and financial statements auditors.
The work of the Audit Committee is undertaken through a schedule of reviews covering such as the group’s financial statements, the way in which the financial management process operates, student record information, franchising, and a range of other areas.
Click the following link for a full copy of the Audit Committee Terms of Reference
Finance & Estates Committee
The role of the Finance & Estates Committee is to monitor the financial position of the group. The Committee meets bi-monthly to undertake this review.
In addition, the remit of the Committee extends to:
- Advising the Corporation Board on the annual budget and year-end accounts
- Making recommendation to the Corporation Board on capital expenditure, investments and borrowing
- Reviewing the group’s franchise arrangements
- Setting tuition fees
Click the following link for a full copy of the Finance, Resources & Estates Committee Terms of Reference
Standards Committee
The objective of the Standards Committee is to advise the Board on matters of quality and standards.
The scope of the Committee's work includes a regular review of improvement strategies put in place, results achieved, verification processes, complaints and matters of discipline.
The Committee also advises the Board of the Corporation on the group’s annual self-assessment report and the performance of the college against national benchmarks.
The work of the Standards Committee is undertaken through a schedule of target setting and monitoring which covers all matters set out in the Terms of Reference.
Click the following link for a full copy of the Standards Committee Terms of Reference
