Gross Net Score Score ID. Category Risk Title Risk Risk P I O Existing Controls to P I O Action Plan Action Action Description Owner Reduce Risk Review Date HESES This return is Corporate 2 3 Data Assurance 1 3 Return must be SMG Annual Return prospective. Policy. Error traps for submitted by the Inaccurate or Officer data to ensure deadline. Accurate incomplete data ongoing review of forecasting with could lead to data. HESES review outturn that does not under-funding or period and query affect funding over-funding analysis contract. and subsequent Accuracy of data holdback. confirmed by periodic Poor forecasting external HESES Moderate Tolerable could affect audit or internal audit financial forecasts and undermine the planning process This return is 2 3 Data Assurance 1 3 Return must be SMG Annual HESA Corporate – Student retrospective. Policy. Error traps for submitted by Inaccurate or Officer data to ensure deadline. Reduce incomplete data ongoing review of unknown values year could lead to data. HESA review on year. Accuracy of under-funding or period and query data confirmed by Moderate over-funding analysis periodic external Tolerable and subsequent HESA audit or holdback internal audit
Gross Score Net Score ID. Category Risk Title Risk Description Risk Owner P I O Existing Controls to Reduce Risk P I O Action Plan Action Action Review Date HESES Return This return is prospective. Inaccurate or incomplete data could lead to under-funding or over-funding and subsequent holdback. Poor forecasting could affect financial forecasts and undermine the planning process Corporate Officer 2 3 Moderate Data Assurance Policy. Error traps for data to ensure ongoing review of data. HESES review period and query analysis 1 3 Tolerable Return must be submitted by the deadline. Accurate forecasting with outturn that does not affect funding contract. Accuracy of data confirmed by periodic external HESES audit or internal audit SMG Annual HESA – Student This return is retrospective. Inaccurate or incomplete data could lead to under-funding or over-funding and subsequent holdback Corporate Officer 2 3 Moderate Data Assurance Policy. Error traps for data to ensure ongoing review of data. HESA review period and query analysis 1 3 Tolerable Return must be submitted by deadline. Reduce unknown values year on year. Accuracy of data confirmed by periodic external HESA audit or internal audit SMG Annual
Data-Assurance-Policy---Revised-May-2017---Audit-Approved-June-2017.docx