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 NERFINISHED
compositionIncludes members of the CalPERS Board of Administration
coordinatesWith CalPERS executive management
external auditors
internal audit staff
country United States of America
surface form: 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 NERFINISHED
meets regularly
operatesWithin California Public Employees’ Retirement System NERFINISHED
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 NERFINISHED
reportsTo California Public Employees’ Retirement System Board of Administration NERFINISHED
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 NERFINISHED
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.