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Risk Committee
Forvis Mazars Risk Committee oversees the ethics and quality assurance of the firm. It has oversight for the design and implementation of the firm’s system of quality management and ensures it is operating effectively annually through our annual quality management monitoring program. Furthermore, it deals with any claims against the practice and their resolution.
The members of the Risk Committee are all CARL partners (except for the compliance director) and have many years of practice experience. Lorcan Colclough and Tommy Doherty are actively engaged in Forvis Mazars Group quality reviews and training. Lorcan Colclough is the chairperson of the Committee.
Members are elected on a three year term. The Risk Committee meets approximately 5/6 times a year and there is a Risk Committee report update given at every full partners meeting.
The terms of reference of the Risk Committee (see below for a summary of its duties) are drawn up in accordance with best practice and approved by The Executive.
Both the Risk and Audit Committees have the power to seek any information it requires from any partner or employee and all Partners and employees are directed to co-operate with any request made by these committees. The Risk and Audit Committees have the power to seek outside legal or other independent professional advice and to secure the attendance of non-members with relevant experience and expertise if it considers this necessary, normally in consultation with the managing partner.
The executive ensures that there is a report to the partners at least annually summarising the activity of both the Risk and Audit Committees and any significant issues which arose.
The Risk Committee is actively involved on a continuous basis to ensure its duties were executed including:
- Reassuring management that the business is aware of, and in control of, current and future business risks.
- Safeguarding the business assets and reputation.
- Improving the business's operating performance and brand value.
- Delete and amend to overseeing for the effective design and implementation of firm’s system of quality management.
- Improving the business's operating performance and brand value.
- Improving efficiency by reducing risk exposure inherent in the business processes
- Supporting the achievement of strategic goals.
- Ensuring compliance with regulatory requirements.
- Delivering competitive advantage by delivering high quality services.
- Reassuring stakeholders and interest groups that the business is actively managing risk.
- Ensuring that all alleged frauds have been properly investigated.
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Mazars in Ireland Risk Committee
Kian Caulwell Partner, Head of Financial Services Consulting - Dublin
Lorcan Colclough Partner, Audit & Business Advisory - Dublin
Ros Colclough Compliance Director - Dublin
Tommy Doherty Partner, Audit & Assurance - Dublin
Patrick Gorry Partner, Audit & Assurance - Dublin
Cormac Kelleher Partner, International Tax - Dublin
Hilary Larkin Partner, Head of Outsourcing - Dublin
Pat Magner Partner, Audit & Business Advisory - Limerick
Our managing team
In Forvis Mazars, every individual makes a unique contribution. We love celebrating each and every person who makes Forvis Mazars the success it is.
Governance framework in Forvis Mazars
The Irish Executive has responsibility for setting Forvis Mazars’ national strategy, within the overarching framework of the international strategy.
Privacy statement
This Privacy Policy is effective as and from 25 May 2018. This policy describes how we process your personal data. Please take the time to read it carefully.
Whistleblowing
Our firm is committed to dealing responsibly, openly and professionally with any concerns partners or team members may have about possible malpractice within the firm.
Irish Executive Committee
The day-to-day management of Forvis Mazars in Ireland is delegated to the executive. The Executive has the responsibility for setting Forvis Mazars’ national strategy, within the overarching framework of the international strategy.
Public Interest Committee
The principal role of the Public Interest Committee (‘PIC’) is to enhance confidence in the public interest aspects of the firm’s activities with particular reference to high-level, general oversight of the firm’s decision-making, stakeholder dialogue, risk management, and quality control, remuneration policy and the issuance of selected annual reports to stakeholders.
Audit Committee
Forvis Mazars Audit Committee is responsible for monitoring and reviewing internal control, external audit, accounting, and external reporting. It aims to meet 3 times a year and whenever the external auditors request a meeting.