Annual Report 2021–22

大學校董會報告 Report of the Council 73 University management should have five objectives in establishing the internal controls: • Reliability of financial reporting • Mitigating risk • Enhancing governance • Effectiveness and efficiency of operations • Compliance with applicable laws and regulations Under the internal control framework, the Risk Management Committee together with the responsible risk owners monitors the risk and control matters in relation to the University’s operations. At the same time, the University sets up its risk management system to look after various risks encountered, both inside and outside. In exercising its control oversight, the Audit Committee supervises the Internal Audit Office (IAO) to monitor the internal audit function of the University and to evaluate the effectiveness of the internal control system over the compliance and operational aspects. In 2021-22, the IAO continues to review the internal controls of the University and evaluate its effectiveness covering compliance, risk management and operational control, in respect of value-for-money studies, governance and financial sustainability. 大學管理層在確立內部控制時，必須具 有以下五個目標： • 財務報告的可靠性 • 減低風險 • 提升管治 • 營運的效能和效率 • 適用法律及規定的合規審查 根據現有的內部控制制度，風險管理委員 會與風險責任人共同監察與大學運作有 關的風險及控制事宜，同時，大學亦設有 風險管理程序，以應對各項內在及外在 風險。 在執行內部監管事宜上，審計委員會監督 內部審核處，行使監管大學的內部審計 職能，並就內部控制系統在合規和營運 方面的效能作出評估。 內部審核處在2021-22年度繼續查考大 學的內部控制，並進行衡工量值研究及 根據風險管理和財務可持續性，評估大 學在合規、風險管理和營運控制方面是否 有效。 內部控制及成效 Internal Control and its Effectiveness