Audit and Risk Committee Charter

Role and function

The Audit and Risk Committee operates in line with the Public Governance, Performance and Accountability Act 2013 and provides independent advice and assurance to the Chief Executive Officer of the appropriateness of AFMA's:

• financial reporting including the annual audited financial statements
• performance reporting including the framework for developing, measuring and reporting
• systems of risk oversight and management including AFMA's risk management and fraud control framework
• systems of internal controls associated with – governance, risk management, compliance and business continuity management arrangements

Download the charter determining the functions of AFMA’s Audit and Risk Committee.