The Business, Oversight & Audit Committee meets at least three times per year and its fundamental role is to provide advice and guidance on Policy, Governance, Finance, Risk Management and Performance Management related issues.

Specifically, the Committtee's role is to:

  • Provide more time for the Full Board to have wider discussions regarding strategic local and national issues
  • Monitor progress against the delivery of the strategic priorities of the LRS Strategy for Physical Activity & Sport. Identify and resolve specific issues.
  • Provide oversight of Leicester-Shire & Rutland Sport's financial performance and monitor the integrity of its internal financial controls.
  • Ensure that an Internal Controls System is maintained and that all policy frameworks are reviewed in a timely manner.
  • Make recommendations to the Board in relation to the appointment, re-appointment and removal of an external auditor and approve the remuneration - every four years.
  • Provide guidance and support for the LRS Senior Management Team and the LRS Board.
  • Ensure that the internal risk management systems are continually reviewed.
  • Identify and monitor risk and ensure mitigating actions are in place and delivered. Liaise where necessary with the host authority and/or funding partner.
  • Provide a written and verbal report back to full Board, highlighting recommendations and challenge areas.

Partners

  • Leicestershire County Council
    NWL LSA
    Equality Standard
    Active Leicester
    Active Partnerships
  • Active Hinckley and Bosworth
    Blaby LSA
    Melton LSA
    Active Oadby and Wigston
    Charnwood LSA
  • Harborough LSA
    Sport England
    Active Rutland
    Safeguarding

Partners

  • Safeguarding
    Harborough LSA
  • Sport England
    Active Rutland
  • NWL LSA
    Blaby LSA
  • Active Oadby and Wigston
    Active Hinckley and Bosworth
  • Leicestershire County Council
    Melton LSA
  • Charnwood LSA
    Equality Standard
  • Active Partnerships
    Active Leicester