UNIVERSITY OF NORTH CAROLINA WILMINGTON
Board of Trustees
Report to the Audit Committee
November 20, 2014
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 update on information presented in April 2014 regarding the top
five Tier I risks. It also illustrates the increasing depth of the IRM process at
UNCW by revealing identified and emerging risk topic areas across the institution
in need of further analysis and evaluation.
This is not an action item.
UNCW Audit Committee
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