Board of Trustees
Report to the Audit, Risk and Compliance Committee
April 21, 2016
Report: Institutional Risk Management (IRM) Update
Summary
As outlined in the UNCW Audit, Risk and Compliance Committee (ARC
Committee) Charter, the board members of the ARC Committee are kept informed
of Institutional Risk Management’s processes designed to manage institutional
risk. Each April, the Office of Institutional Risk Management (IRM) provides a
full report to the ARC Committee on the status of the IRM process at UNCW. This
report is an annual update regarding the top risks of the University. It also
illustrates the increasing depth of the IRM process at UNCW by revealing
identified and emerging risk topic areas across the institution.
This is not an action item.