116. An examination of practises various other Oxford colleges suggests that All of the Souls, Corpus, God, Linacre, Nuffield, St Peter’s, College or university, Wadham, Wolfson and you can Worcester all of the actually have Audit committees. At the University College or university, brand new settee is internal however 
, there are two independent participants. Whatsoever others the fresh new sofa is external. Besides in the Linacre and College or university, the newest exterior players are in a big part. At Corpus and you may Nuffield most of the people in its Review committee are externals as well as Oriel singular off five are interior towards the college or university. In which info appear, it is visible the externals are professionals in the loans and government and also in one or two instances the former bursars out-of most other universities.
117. Other function ones Audit committees is, that in some cases, their remit runs outside the scrutiny of the annual levels and you can this new Review to take the risk sign in, risk government and you will standard governance, compliance with guidelines to the conflicts of great interest and you will, at all Souls, safety and health compliance. The fresh new committees are accountable to the new governing bodies of your own colleges and you can gain access to your head regarding domestic. Continue reading »
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