Head Office Address:
Kingston City Group (KCG)
3rd Floor
Millennium House
21 Eden Street
Kingston Upon Thames
Surrey KT1 1BL
Tel: 020 8417 6323
Kingston City Group Ltd
Registered Office:
Kingston University
River House
53-57 High Street
Kingston Upon Thames
Surrey
KT1 1LQ
Company Number 05576018 England
Our Services
The KCG Consortium provides high quality management assurance services for its Member institutions. We also provide these services to HE institutions that are not Members of the KCG Consortium on a commercial basis.
As Internal Auditors, it is important to have a deep and thorough understanding and appreciation of our Member institutions’ approach to governance, risk, value for money, internal control and data quality. The institution’s approach will affect every part of the institution’s activities including governing body operations, strategy and corporate culture. Our integrated methodology incorporates a view of corporate governance, institutional risk management, institutional value for money arrangements, and the provision of management assurance for internal control as demonstrated in the following model:
Board Operations |
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Strategy |
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Monitoring and Evaluation |
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Corporate Culture |
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Stewardship |
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The governing body's ability to manage its own activities |
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Defining, reviewing, and amending corporate strategy |
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Monitoring and evaluating performance against defined goals |
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Managing standards of corporate behaviour |
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Responsibility towards stakeholders and accountability for their interests |
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Governance |
The means by which Heads of Institution maintain sustainable organisations that are accountable to all stakeholders, capable of returning value to them. |
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Risk |
The corporate-wide application of risk management, supported by a framework that delivers aggregated risk information to protect, release and create value through informed risk taking across the whole institution. |
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Value for Money |
The means by which institutions can achieve and demonstrate economy, efficiency and effectiveness in all activities and functions and as a means to achieve and demonstrate institutional performance improvement. |
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Assurance |
Providing assurance to the governing body on the management of risk through daily institutional activity, oversight functions and Internal Audit. |
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Our Internal Audit approach ensures that our Member institutions receive robust assurance in the areas of internal control, governance, risk and value for money, in compliance with the HEFCE Financial Memorandum and the Audit Code of Practice, which makes a positive contribution to the achievement of the institutions’ strategic objectives. The type of questions that we would ask on a regular basis as Internal Auditors include:
- How does the institution benchmark against HE governance requirements?
- How does the governing body keep abreast of changing obligations and ensure effectiveness?
- Do the institution's employees understand the basic principles of corporate governance, risk management, value for money, and control in discharging their own roles and responsibilities?
- How does the institution address the challenges of the management and assurance of data quality?
In this context, and utilising the wide variety and range of resources and networks available to us, KCG offers the following services to both Members and non-Members of the KCG Consortium:
