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RCVS to prioritise formation of an audit and risk committee

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THE RCVS is to give priority to a recommendation that it should set up an Audit and Risk Committee to oversee internal and external audit procedures. The recommendation was one of several made following a recent review of the College's budgeting and expenditure processes after higher-than-expected expenditure on a new database and development works at the RCVS's headquarters building in London (see VR, November 26, 2011, vol 169, pp 569–570).

The College reports that the review's recommendations, which were considered and accepted by the RCVS Council at its meeting …

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