Risk and Audit Committee

E669210

The Risk and Audit Committee is a governance body within the California Public Employees’ Retirement System’s Board of Administration that oversees risk management, internal controls, and audit functions for the pension fund.

All labels observed (1)

Label Occurrences
Risk and Audit Committee canonical 1

How this entity was disambiguated

Statements (45)

Predicate Object
instanceOf governance committee ⓘ
oversight body ⓘ
aimsTo enhance accountability and transparency ⓘ
protect the interests of CalPERS members and beneficiaries ⓘ
associatedWith California Public Employees’ Retirement System ⓘ
linked to: CalPERS
compositionIncludes members of the CalPERS Board of Administration ⓘ
coordinatesWith CalPERS executive management ⓘ
external auditors ⓘ
internal audit staff ⓘ
country United States ⓘ
ensures effectiveness of internal control systems ⓘ
independence of internal audit ⓘ
focusesOn compliance risks ⓘ
financial risks ⓘ
pension fund operational risks ⓘ
reputational risks ⓘ
governs audit policies ⓘ
risk management policies ⓘ
hasScope CalPERS pension and investment operations ⓘ
jurisdiction California ⓘ
meets regularly ⓘ
operatesWithin California Public Employees’ Retirement System ⓘ
linked to: CalPERS
oversees compliance with applicable laws and regulations ⓘ
enterprise risk management ⓘ
external audit processes ⓘ
financial reporting integrity ⓘ
internal audit function ⓘ
internal controls ⓘ
partOf California Public Employees’ Retirement System Board of Administration ⓘ
reportsTo California Public Employees’ Retirement System Board of Administration ⓘ
responsibleFor monitoring implementation of audit recommendations ⓘ
monitoring management’s risk mitigation strategies ⓘ
oversight of internal control environment ⓘ
review of audit findings ⓘ
review of audit plans ⓘ
review of significant risk exposures ⓘ
risk governance framework ⓘ
sector public pension fund ⓘ
shortName RAC ⓘ
supports fiduciary duties of the Board of Administration ⓘ
topicOf compliance reports ⓘ
external audit reports ⓘ
internal audit reports ⓘ
risk management reports ⓘ
uses charter approved by the Board of Administration ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.