The Fiducian
Audit and risk management
Fiducian Group Limited’s audit, risk management and compliance responsibilities are overseen by an Audit, Risk & Compliance Committee’s (ARCC).
The broad principles of corporate governance as they apply to the ARCC’s role is set out in the Audit, Risk and Compliance Committee Charter
The fundamental roles of the ARCC, as defined in the Charter, are to:
- Consider all matters relevant to the Group’s audit, risk management and compliance responsibilities and make recommendations to the Board of Directors (Board);
- Provide assurance to the Board that appropriate policies and procedures are in place and have been implemented to assist the Group to meet its audit, risk management and compliance responsibilities;
- Monitor and report to the Board on the Group’s level of compliance by its subsidiary companies in relation to their obligations under their Australian Financial Services (AFS) Licence;
- Provide assurance to the Board that the statutory and financial duties of the Group are being carried out with the required care, diligence and skill; and
- Provide assurance to the Board that incidents are being reported and actioned appropriately.
Fiducian’s Audit, Risk and Compliance Committee Charter
