Risk & Audit Committee (RAC)

The FIDIC Risk and Audit Committee is an advisory committee of the FIDIC Board, whose primary function is to advise the FIDIC Board on risk and audit matters including:

• Adequacy and integrity of FIDIC’s risk management framework
• Adequacy and effectiveness of internal controls and procedures
• Adequacy and effectiveness of FIDIC’s financial systems
• Appointment, engagement and oversight of FIDIC’s auditors
• Integrity of FIDIC’s annual financial statements

FIDIC’s compliance with statutory requirements.