Audit Committee has been appointed by the Board of Directors principally to form an opinion on Central Film School’s internal control framework, and report to the Board on the adequacy and effectiveness of CFS’s arrangements for:
● Risk management, control and governance;
● Financial reporting (i.e. the integrity of CFS’s financial reporting arrangements, including the corporate governance statement and the statement of Board members’ responsibilities as reported in the annual financial statements);
● Economy, efficiency and effectiveness (Value for Money);
● Data quality.