Whether you are driven by the desire to obtain more value from your Governors meetings or improve your existing risk management then you should make sure you undertake a review of your strategic risks.
In order for your school to operate effectively you need to start with the right skills on your Board. When did you last undertake a skills audit of the Board? Do you have the right people to meet the school’s current and future challenges? How effective is the Board in meeting its objectives?
Insight 4GRC is RSM’s proprietary cost effective and powerful suite of governance, risk and compliance software products that can provide your school with the tools needed to monitor and control performance, assess organisational risks and effectiveness of controls, track assigned actions, enable employee awareness and facilitate policy acceptance.
Within an independent school the responsibility for managing risk rests with the Board of Governors. Should a risk materialise such as breakdown in safeguarding or financial mismanagement, there is no doubt that questions will be raised regarding the
governance and risk management processes. The responsibility of the Governors is to seek assurance that all principal risks are managed effectively.
This self-assessment questionnaire will take approximately 15 - 20 minutes to complete. Each question asked requires a judgement to be made with regards to your school’s GRC arrangements.
Motor retail in the UK and across the globe is a dynamic and challenging market. As businesses strive to keep the plates spinning and stay ahead of the competition, it has never been more important to have the right partnership with specialist advisers.
05 February 2016
Audit, tax and consulting firm RSM has become the latest member of industry body Scotland Food & Drink. The firm launched a new Food and Drink team at a board meeting of Scotland Food & Drink held at RSM’s Glasgow offices in Wellington Street.
Most commentators in the further education sector feared significant funding cuts in today’s comprehensive spending review. Based on the Chancellor’s initial announcements, this doesn’t seem to have happened. In fact, it all seems to be unexpectedly good news even if there does remain a real terms cut for both 16-18 and 19+.
Partner
Paul is a partner in the restructuring advisory services practice based in Edinburgh and is head of the Scottish recovery practice.
