We will develop a framework whereby all strategies will be reviewed to assess their implications and consequences across the University, resulting in the risks associated with them being identified and their impact assessed.
From this, a risk management approach will be formulated to mitigate those risks. Where possible the financial implications of those risks will also be quantified and sensitivities calculated. Those risks that are considered to have a high gross financial impact will be concentrated on and we will develop controls and processes to help reduce our exposure to them.
10. A: Total student numbers / B: UG Student Number Control
11. Current Ratio
12. Annual contribution %
13. Total reserves £000s