The Governing Board sets overall strategic directions and the framework of policies and procedures necessary to achieve APIC’s objectives and is ultimately responsible to shareholders and stakeholders for both corporate and academic outcomes.
Hence, the Governing Board’s supervises APIC’s operations in two broad areas:
- Overall business performance — ensuring the College develops and implements strategies and supporting policies to enable it to fulfill the objectives set out in the College’s Constitution. The board delegates the day to day management of the College to the Executive Management team, but remains accountable to the shareholders and stakeholders for APIC’s performance, and monitors and supports Executive Management; and
- Overall compliance performance — ensuring the College develops and implements systems to enable it to adhere to accounting standards and to comply with its legal and policy obligations, under the: Corporations Act 2001; Tertiary Education Quality and Standards (TEQSA) Act 2011; Higher Education Standards Framework 2015; Education Services for Overseas Students Act 2000; Education Services for Overseas Students Regulations 2001; National Code of Practice for Registration Authorities and Providers of Education and Training to Overseas Students 2007; and Higher Education Support Act 2003.
In executing its duties and responsibilities, the Governing Board has established the Academic Board, Audit and Risk Committee and a Governance Committee.