AL Ref: MGT02, GOV03
Purpose
The role of the Board with regard to risks and internal control effectiveness is governance. That is, maintaining oversight of the related activities of senior and operational management in applying a system of control and monitoring and managing risks appropriately. The review in the Board meetings may be a roll-up of the risks identified, a short list of the most significant risks, internal or external audit reports, or any significant matters raised by management.
Example Management/Board of Directors Minutes
Meeting date: 15/03/2021
Attendees: John Cameron (JC), Peter Wesler (PW), Jane Herc (JH)
Apologies: Jill Jameison (JJ)
Minutes:
