Finance, Risk and Audit Committee

The Whanganui District Health Board (WDHB) has an independent Finance, Risk and Audit Committee (FRAC), appointed by and reporting to the board.

The role of this committee is to advise the board on the organisation’s effectiveness in identifying and managing its clinical and service provision risk, business risk, and financial risk.

The committee is established under clause 38, schedule 3 of the New Zealand Public Health and Disability Act 2001 which enable the board to set up committee/s, (further to the statutory committees) for a set purpose.

The Finance, Risk and Audit Committee meet six times a year.

 

This committee is not open to the public. 



Click here to view the FRAC Terms of Reference