About the FRC FRC Structure Audit & Risk Committee

Audit & Risk Committee

Role of the Audit & Risk Committee

The purpose of the FRC's Audit & Risk Committee is to support and advise the Accounting Officer (The Chief Executive) and the Board by providing oversight of the company’s financial reporting process, the audit process, the system of internal controls including business continuity and information technology, the identification and management of significant risks and its compliance with laws and regulations.

The Committee provides assurance to the Board and, when it is not satisfied with any aspect of the FRC’s internal controls or reporting, it shall report its views to the Board and the Accounting Officer.

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Committee Members

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Terms of Reference

The responsibilities of the Audit & Risk Committee are set out in the Committee's Terms of Reference.

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