The Audit Assurance and Risk Committee is chaired by a lay member of Council and comprises lay members of Council and co-opted lay members. All members are independent of the University's management, although senior executives attend meetings as necessary. The committee has a key role in the University's governance framework in ensuring that the University complies with Statutory, University and External Regulatory requirements in its financial and non-financial activities. In respect of the issues within its terms of reference, the committee has the authority to make recommendations to the University, its organisational units and its members.
During the 2022-23 academic session, the Committee held four meetings, which focused on matters with external auditors including the annual audit plan; reviewing the effectiveness of risk management and audit arrangements; overseeing the University's ethical and behavioural policies; and discussions relating to matters concerning external auditors, Associate Director of internal audit, the Registrar and Chief Operating Officer, and the Chief Financial Officer.
