Audit and risk committee: setting a programme of work for internal scrutiny
A key responsibility of the audit and risk committee is to set a programme of work for those carrying out internal scrutiny. Find out what you need to consider when setting the programme of work, and use our questions to help you in the process.
The committee oversees and directs internal scrutiny
You must have an audit and risk committee. If your trust's annual income is over £50 million, it must be a dedicated committee. Read more about the requirements of your committee in our article.
As an audit and risk committee, a key part of your role is to:
- Oversee and direct those who carry out internal scrutiny, without actually doing this work yourself
- Set the programme of work they follow, and receive reports
All trusts must have a programme of work (agreed annually) for internal scrutiny
This is to provide the board with independent assurance that the following are operating effectively:
- Financial controls
- Non-financial controls
- Risk management procedures
This is outlined in sections 3.1 to 3.8 of the Academy Trust Handbook (ATH).