Audit and Risk Committee

Our Audit and Risk Committee assists Council in a number of ways including overseeing our risk management programme and ensuring the integrity of our financial processes and reporting.

Purpose

The Audit and Risk Committee (the Committee) is a standing committee of Council. The Committee's purpose is to assist Council by providing:

  • Risk management programme oversight;
  • Reviews of risk profile (including legal compliance, privacy, health, safety and wellbeing, financial, statutory reporting, and fraud risks);
  • Monitoring of internal control system and assessment to obtain reasonable assurance;
  • Oversight of annual external OAG audit;
  • Oversight of internal audit;

The Committee is also responsible for:

  • Ensuring the integrity of external financial reporting;
  • Ensuring appropriate financial management policies and practices are in place;
  • Ensuring that Council and management are provided with financial information that is of high quality and relevant
  • Conducting special investigations as required by Council

Terms of reference

The Committee's full terms of reference can be viewed in PDF format at the link below:

TOR - Audit and Risk Committee - 7 December 2021 [PDF, 250 KB] [PDF, 193 KB]