Audit, Risk and Improvement Committee
The Audit, Risk and Improvement Committee provides independent assurance and assistance to Council on risk management, control, governance and external accountability responsibilities. Key duties and responsibilities include:
- Risk Management
- Control Framework
- External Accountability
- Legislative Compliance
- Internal Audit
- External Audit
- Communications with Stakeholders
- Review of the Committee's performance
- Reporting to Council
The Committee's authority and functions are outlined in the Audit, Risk and Improvement Committee Charter adopted by Council.
Membership of the Committee includes independent external members with experience in audit, financial management, business management or law, and Councillor representatives. Current membership of the Committee:
Independent External Members
- Bryce McNair (Chairperson)
- Margaret Nicholls (Deputy Chairperson)
- Adrian Lindner
- David Rosetta
- Councillor Rod Kendall
- Councillor Dallas Tout
- Councillor Yvonne Braid (alternate member)
- Councillor Dan Hayes (alternate member)
At present, all representative terms shall run until 2020. Expressions of Interest may be called in the event of a vacancy or at the end of the Committee's term.
The Committee is supported within Council by the Internal Audit function. The primary purpose of the Internal Audit function is to efficiently and effectively provide independent and objective assurance to the Audit, Risk and Improvement Committee and management of Council that key controls over areas of highest risk are operating efficiently and effectively and to offer an advisory service.
For any questions about the Audit, Risk and Improvement Committee or Council's Internal Audit function, contact Council's Chief Audit Executive on 1300 292 442.