One: Risks related to Key Statutory Returns Score Net Score ID Category Risk Title & Risk P I Existing P I Possible Longer Term Assurance Action Action Description Owner O Controls to O Impacts - Implications Over Risk Owner & Review Mitigate Risk Immediate Controls Review Date INSTITUTION WIDE STRATEGIC 14 Financial Data VC 3 3 Sanity groups 1 3 Poor data No additional Data SMG Bi-annually Operational management. review all data quality could concerns Assurance University is returns; impact report ineffective with maintain financially Internal Audit Substantial regard to data regular management internal and Tolerable leading to audit external issues reviews
One: Risks related to Key Statutory Returns Score Net Score ID Category Risk Title & Description Risk Owner P I O Existing Controls to Mitigate Risk P I O Possible Impacts - Immediate Longer Term Implications Assurance Over Risk Controls Action Owner & Review Action Review Date INSTITUTION WIDE STRATEGIC 14 Financial Operational Data management. University is ineffective with regard to data management leading to audit issues VC 3 3 Substantial Sanity groups review all data returns; maintain regular internal and external reviews 1 3 Tolerable Poor data quality could impact financially No additional concerns Data Assurance report Internal Audit SMG Bi-annually
Data-Assurance-Policy---Revised-May-2017---Audit-Approved-June-2017.docx