Audit and Risk Assurance Committee (ARAC)

The Board has an Audit Committee chaired by Director, Nigel Arnold.

In accordance with its terms of reference, the audit committee oversees financial reporting and the effectiveness of financial and regulatory compliance, controls and systems reporting. In addition, the committee monitors the effectiveness of the council’s internal audit function and reviews its material findings.

This committee meets on a quarterly basis and reviews the NICIE Corporate Risk Register.