Finance, Audit & Risk Committee (FARC)
The Finance, Audit & Risk Committee of The Laurels Academies Trust meets five times a year and is responsible for:
- Audit - Examining the audited financial statements and management report with the appointed external auditor.
- Finance - Ensuring the Trust operates within the guidelines of the Academies Financial Handbook. Monitoring and reviewing of financial reports and information. Making finance and business-related recommendations to the Board of Directors.
- Risk - Review and monitor the Trust's risk management strategy and register.
- Estates (including Health & Safety) - Monitor and review the Trust's Estates strategy. Receive updates and reports from the Health & Safety Committee.
The Chair of the Finance, Audit & risk Committee is Adam Durnin.