Board of Trustees Report to the Audit Committee April 16, 2015

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UNIVERSITY OF NORTH CAROLINA WILMINGTON
Board of Trustees
Report to the Audit Committee
April 16, 2015
Report: Institutional Risk Management (IRM) Update
Summary
As outlined in the UNCW Audit Committee Charter, the board members of the
audit committee are kept informed of Institutional Risk Management’s regular and
repeatable processes designed to manage institutional risk. Each April, the Office
of Institutional Risk Management (IRM) provides a full report to the Audit
Committee of the Board of Trustees 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.
UNCW Audit Committee
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