Services · Scale-Up

TORs of Risk & Audit Committee along with updates to JDs of members

RAC

Develops or updates Risk and Audit Committee terms of reference and member role descriptions, including mandate, responsibilities, meetings and reporting.

What changes

Stronger accountability, transparency, risk management, assurance coverage and governance oversight.

What you get

RAC Terms of Reference, approved by the Board RAC001
Job descriptions for the RAC Chairperson, Secretary and members RAC002
Board approval pack: resolution on the reporting line and adoption of the ToR and JDs RAC003
RAC annual self-assessment and periodic ToR review checklist RAC004

What has to come first

CACCriteria for Selection for Audit Committee Required

The Board-approved selection criteria define who can sit on the committee; the ToR and JDs are written against those criteria
NAHNeeds Assessment Report - National Head Quarters or NABNeeds Assessment Report - Branch/District Recommended

Needs assessment findings on governance, risk and control gaps ground the committee oversight scope
IACInternal Audit Charter Recommended

An approved Internal Audit Charter aligns the committee audit oversight with the internal audit mandate

Who is involved

From the National Society's side. This is what the engagement asks of your people.

Your own staff work alongside the adviser throughout, so this is a commitment of their time as well as the Centre's. Ask in the request and you are given the day estimate per role before anything is signed.

Role	What they do
HNS Governing Board	Approves the ToR, the JDs and the reporting-line resolution; appoints members
RAC Chairperson, Secretary and members	Hold the roles the ToR and JDs define
HNS Secretary General	Sponsors the process and tables the Board resolution
HNS Finance Director	Management counterpart; coordinates finance and audit inputs
Head of Internal Audit / internal audit function	Reports to the RAC once constituted
External auditors	Coordinate with the RAC on audit oversight
GFDC delivery team	Drafts the ToR and JDs and advises the Board

How it is measured

Indicator	Target	Evidence
RAC ToR, JDs and reporting-line resolution approved by the Board within target time of kick-off	10 weeks	Board resolution; signed ToR
Signed JD acknowledgements, confidentiality undertakings and conflict-of-interest declarations on file for all members	100% of members	Signed undertakings and declarations register
First RAC meeting held under the new ToR	Within 6 weeks of member appointment	RAC minutes
Annual self-assessment and ToR review cycle scheduled and owned by the RAC Secretary	First self-assessment within 12 months	RAC workplan; self-assessment record

Tools

5 of 5 ready to download.

RAC001 ToRs and JD of Risk and Audit Committee Policy DOCX
RAC002 Job description set for RAC Chairperson, Secretary and members Template DOCX
RAC003 Board approval pack with reporting-line resolution Template DOCX
RAC004 RAC annual self-assessment and ToR review checklist Checklist DOCX
CAC001 Criteria for Audit Committee Tool DOCX

Standards

IIA International Professional Practices Framework (IPPF)
COSO Internal Control - Integrated Framework
GFDC Operational Framework (intake, triage, service workflow)
HNS Delegation of Authority (DoA) and governance ToRs
ISO 37002 - Whistleblowing management systems guidelines
HNS statutes, bylaws and Board rules of procedure
HNS Code of Conduct and conflict-of-interest policy
IFRC safeguarding and PSEA policies
IIA Three Lines Model

Request this service

The form arrives with RAC filled in. You can change it, and you do not have to be sure.

Request RAC

Code: RAC
Tier: Scale-Up
Outcome area: 2 · Governance, risk, accountability and assurance
Deliverables: 4
Tools: 5 of 5

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