Governing Body Committees | The Royal Central School of Speech and Drama

Governing Body Committees

The Governing Body established several committees, formally constituted with terms of reference in accordance with delegated powers. These committees comprise mainly of Independent Governors, one of whom is Chair.

Audit Committee

Meets at least three times a year with External and Internal Auditors to discuss audit findings, consider detailed internal auditor reports and recommendations for the improvement of Central’s systems of internal control, together with management’s response and implementation plans. It also receives and considers reports from the Higher Education Funding Council for England as they affect institutional business, and monitors adherence with the regulatory requirements. It reviews the institution’s annual financial statements, together with accounting policies, and keeps under review the effectiveness of health and safety management, risk management, control and governance, and value for money arrangements.

Finance and Employment Committee

Considers and recommends to the Governing Body financial strategy and the annual revenue and capital budgets; monitors performance in relation to the approved budgets; reviews the management of significant risks; and makes recommendations to the Governing Body on the Framework for the Pay and Conditions of Staff. Meets at least four times a year.

Remuneration Committee (sub-committee of the Finance and Employment Committee)

Determines the annual remuneration of senior postholders. Meets at least once a year.

Nominations Committee

Keeps under review the balance of skills and experience needs of the Governing Body, prepares written descriptions of the role and capabilities required for new members, considers arrangements for the identification and selection of new members and makes recommendations for appointments to the Governing Body. Meets at least twice a year.

Contact Us