1. Roles and responsibilities
1.1. The Finance, Risk, and Audit Committee is responsible for overseeing CAUL’s financial activity and reporting.
1.2. The Committee is not a policy-making body, nor does it have authority to make decisions on behalf of the CAUL Board, to approve financial expenditure, or commit CAUL to activities or undertakings not otherwise approved by the Board.
1.3. The Committee assists the Board in developing Board policy and monitoring organisational activity within the scope of its remit, and making recommendations to the Board for resolution.
1.4. The role of the Committee includes assisting the Board with CAUL’s governance and exercising of due care, diligence, and skill, in relation to: financial management, audit and risk management.
For finance, budget and audit reports, see Corporate Information (CAUL members only).