The Governing Body established the University's Audit Committee which has written terms of reference outlining it's authority and duties.
The Audit Committee provides assurance to the Governing Body on the efficiency and effectiveness of the University's system of internal controls, risk management, financial management and value for money issues.
The Audit Committee report periodically to the Governing Body as required. In addition, the Committee submit an annual written report outlining how the members dischrged their duties during the University's financial year.
Audit Committee Members
- Ms Gillian Keating, External Member of Governing Body (Chair)
- Mr Colm Leen
- Mr Maurice Moloney
- Mr Niall Olden
Terms of Reference
An update of the Audit Committee Terms of Reference were presented and approved at the Goverrning Body meeting of November 2012. These revised terms are largely based on the Higher Education Authority (HEA) Code 'Governance of Irish Universities'.
The Terms of Reference are available at the attached link: http://www.ucc.ie/en/media/support/ocla/governingbody/documents/AuditCommittee06112012.pdf