The Audit and Risk Committee provides external oversight to key financial and activity risks and in particular:

a) Ensures appropriate risk controls and systems are in place and issues effectively managed.

b) Oversees the global NICM budget.

c) Monitors the milestones and budgets of the NICM Collaborative Centres.

d) Undertakes reviews and audits as it deems reasonable and appropriate or in response to a request from the Council.

e) Provides advice on strategic plans and priorities.

Content Updated January 2009