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

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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

 

Strategy

 

Monitoring and Evaluation

 

Corporate Culture

 

Stewardship

 

The governing body's ability to manage its own activities

 

Defining, reviewing, and amending corporate strategy

 

Monitoring and evaluating performance against defined goals

 

Managing standards of corporate behaviour

 

Responsibility towards stakeholders and accountability for their interests

 

Governance

The means by which Heads of Institution maintain sustainable organisations that are accountable to all stakeholders, capable of returning value to them.

 

 

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.

 

 

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.

 

 

Assurance

Providing assurance to the governing body on the management of risk through daily institutional activity, oversight functions and Internal Audit.

 

 

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:

 

  1. How does the institution benchmark against HE governance requirements?
  2. How does the governing body keep abreast of changing obligations and ensure effectiveness?
  3. 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?
  4. 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: