Our Committees

Finance Audit and Risk Committee

The main responsibilities of the Finance Audit and Risk Committee are to:

• Review and report independently to the Trustees on the Annual Report and all other financial information published by the Trust;
• Assist the Trustees in reviewing the effectiveness of the Trust’s internal control environment covering:
• Effectiveness and efficiency of operations
• Reliability of financial reporting
• Compliance with applicable laws and regulations
• Determine the scope of the internal audit function and ensure its resources are adequate and used effectively, including coordination with the external auditors; and
• Oversee the effective operation of the risk management framework.
• The FARC meets monthly and makes recommendations to the Trust on specific issues.

The Finance Audit Risk Committee (FARC) consists of the following member’s independent from Management:

Joe Calafiore – Chair

Tony Ficca – Independent Member