Financial Statements 2019/2020
CORPORATE GOVERNANCE (continued)
Academic Board
Academic Board is the academic authority of the University as delegated by the Board of Governors, and draws its membership from academic staff and students of the University. The Academic Board is responsible for the academic standards of the University and the regulation of academic matters. Reports from Academic Board meetings
are presented at Board meetings along with the minutes and key points are drawn to Governors’ attention.
In line with the development of the new strategy there is Governor representation on a joint steering group linking with Academic Board.
MEMBERSHIP OF THE BOARD OF GOVERNORS
The period up to the approval of the Financial Statements Ms Geraldine Proudler (Chair), Independent Governor appointed 14 March 2014 Mr Martin Taylor (Deputy Chair), Independent Governor appointed 8 July 2013 Mr John Athanasiou, Independent Governor appointed 10 March 2017. Demitted office on 24 March 2020 Mr Anas Badar, Student Governor appointed 1 July 2019. Demitted office on 30 June 2020 Professor Nic Beech, Vice-Chancellor appointed 3 February 2020 Ms Tahmina Choudhery, Student Governor appointed 20 January 2020 Professor Tim Blackman, Vice-Chancellor. Demitted office on 2 September 2019 Professor Rebecca Bunting, Independent Governor appointed 1 July 2019. Demitted office on 4 December 2019 Mr Simon Darling, Independent Governor appointed 1 July 2019 Mr Michael Ekpe, Independent Governor appointed 1 July 2019 Ms Elita Eliades, Staff Governor appointed 27 November 2017 Mr Chris Fenton, Independent Governor appointed 10 March 2017 Ms Gagandeep Kaur, Student Governor appointed 1 July 2020 Mr Mark Leach, Independent Governor appointed 1 July 2019 Mr Andy Wilson, Independent Governor appointed 23 September 2019 Mr James Kennedy, Interim Vice-Chancellor until 1 February 2020 Mr Mark Jopling, Independent Governor appointed 10 March 2017. Demitted office on 20 January 2020 Mr Matt Lewis, Independent Governor appointed 10 March 2017 Ms Marianne Neville-Rolfe, Independent Governor appointed 14 March 2014 Mr Paul Pugh, Independent Governor appointed 10 March 2017 Dr Mona Sakr, Staff Governor appointed 23 September 2019 Mr Tevin Tobun, Independent Governor appointed 19 September 2016. Demitted office on 21 September 2020
Internal Control
The University’s Board of Governors is responsible for ensuring that the University maintains an effective system of internal control that supports the achievement of strategic aims and objectives whilst safeguarding assets for which it is responsible. Such a system is designed to manage rather than eliminate the risk of failure to achieve business objectives and can only provide reasonable and not absolute assurance against material misstatement or loss.
The system of internal control is based on an ongoing process designed to identify the principal risks to the achievement of policies, aims and objectives, to evaluate the nature and extent of those risks and to manage them efficiently, effectively and economically. This process has been in place for the year ended 31 July 2020 and up to the date of approval of the Financial Statements, and accords with Office for Students Guidance. The review procedures
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