Audit and Risk Management Committee
The Audit and Risk Management Committee is an advisory committee, formed to assisted the elected Council fulfill its oversight responsibilities.
FUNCTIONS AND CHARTER
The Audit and Risk Management Charter outlines the functions of the Audit and Risk Management Committee. Download a copy of the Charter; Audit and Risk Management Charter (~~~DocAnnotation.type.44205~~~ ~~~DocAnnotation.size.44205~~~).
The Committee is mandated by section 428A:
- A council must appoint an Audit, Risk and Improvement Committee.
- The Committee must keep under review the following aspects of the council’s operations:
(a) compliance,
(b) risk management,
(c) fraud control,
(d) financial management,
(e) governance,
(f) implementation of the strategic plan, delivery program and strategies,
(g) service reviews,
(h) collection of performance measurement data by the council,
(i) any other matters prescribed by the regulations.
EXPRESS YOUR INTEREST TO JOIN
This form is to be completed if you would like to apply to be considered as an independent representative on Council’s Audit, Risk and Improvement Committee. Council’s Audit, Risk and Improvement Committee includes three (3) independent representatives who will receive remuneration for their participation in this Committee. One of the Independent members will become the Chairperson.
Current remuneration rates are $1,375 (excluding GST) per meeting for the Committee Chair and $1,100 (excluding GST) per meeting for the remaining independent members. This remuneration is inclusive of all costs related to the requirements of the position including (but not limited to) travel, printing, preparation, attendance and follow up time.
Nominations must be completed on the nomination form available on Council’s website. Nominations close at 9am on Friday 6 October 2023
Please note that the information contained in this application may be used in a report to Council. Such Council report will be a public document, however, details of address, phone and email will be removed before presentation.
Council’s current Audit, Risk and Improvement Committee Charter is attached here (PDF 841.4KB) for your information.
For further information, please contact Council’s Manager Corporate Governance, Abbey Rouse, on (02) 6801 4240.
Last Edited: 27 Sep 2023