Our first in-person event since the end of the Covid pandemic took place at The Exchange in Birmingham on the 9th April 2024. CHEIA members came together together to network, socialise and discuss the latest developments in the Higher Education sector.
Kathy Cooper, Audit and Risk Committee Chair at Aston University looed at at some of the current and emerging risks, challenges and opportunities facing our institutions from the perspective of an Audit and Risk Committee Chair, her expectations of the Internal Audit service and how internal audit reports can best serve our organisations in meeting these challenges.
David Foley and Melanie Alflatt, Fraud and Risk specialists at TIAA Ltd, discussed the current and emerging fraud risks in the sector and considered how Internal Auditors can be more alert to these types of fraud.
Ross Phillips of the UK Financial Intelligence Unit gave a presentation addressing the requirements on universities to make Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) in response to money laundering concerns, including advice on what to include in these and the importance of making such reports to the NCA.
