Audit and Risk Assurance Committee. 6.1 A further important aspect of the College’s governance framework is its Audit and Risk Assurance Committee, hereafter referred to as Audit & Risk Committee (ARC) in-line with the Colleges Articles, which is required by the 1997 Order and the Articles of Government and established in line with the extant ARAC Handbook (NI).
Audit and Risk Assurance Committee. 2.1.1 For detailed information on the Audit and Risk Assurance Committee’s role and responsibilities, please refer to the Audit and Risk Assurance Committee Terms of Reference.
Audit and Risk Assurance Committee. 6.1 A further important aspect of Invest NI’s governance framework is its Audit and Risk Assurance Committee (ARAC). Invest NI shall continue to run an independent ARAC as a committee of its Board in accordance with the model Guidance on Codes of Practice for Public Bodies (NI) (FD(DoF) 04/14 refers), and in line with the Audit and Risk Assurance Committee Handbook (NI).
Audit and Risk Assurance Committee. 6.1 A further important aspect of NIFRS governance framework is its Audit, Risk & Governance Committee, established in line with the extant Audit and Risk Assurance Committee Handbook (NI). on governance issues. In line with the handbook the Audit, Risk & Governance Committees focuses on:
Audit and Risk Assurance Committee. 6.1 A further important aspect of PCC’s governance framework is its Audit and Risk Assurance Committee, established in line with the extant Audit and Risk Assurance Committee Handbook (NI).
Audit and Risk Assurance Committee. 6.1 A further important aspect of TNI’s governance framework is its Audit and Risk Assurance Committee, established in line with the extant Audit and Risk Assurance Committee Handbook (NI).
Audit and Risk Assurance Committee. 7.1 A further important aspect of the Agency’s governance framework is its Audit and Risk Assurance Committee, established in line with the extant Audit and Risk Assurance Committee Handbook (NI).
Audit and Risk Assurance Committee. A further important aspect of the Fund’s governance framework is its Audit and Risk Assurance Committee (ARAC), established in line with the extant Audit and Risk Assurance Committee Handbook (NI) (attachment to DAO (DoF) 03/18). The ARAC’s purpose/role is to support the Accounting Officer and Board on governance issues. In line with the handbook, the ARAC focuses on: assurance arrangements over governance; financial reporting; annual reports and accounts, including the Governance Statement; and ensuring there is an adequate and effective risk management and assurance framework in place. The Fund and the DoJ have agreed arrangements in respect of ARACs which may include: attendance by departmental representatives in an observer capacity at the Fund’s ARAC meetings; access to the Fund’s ARAC papers and minutes; and any input required from the Fund’s ARAC to the departmental ARAC. Full compliance with the Audit and Risk Assurance Committee Handbook (NI) is an essential requirement. In the event of significant non-compliance with the Handbook’s five good practice principles (or other non-compliance), discussion will be required with the DoJ, and a full explanation provided in the annual Governance Statement.
