The Audit Committee provides an independent forum where representatives of Council, independent specialist and management work together to fulfil specific governance responsibilities as set out in the Terms of Reference.
The Audit Committee is an internal governance process, which is intended to contribute to the improved performance of the organisation. It plays a key role in assisting Council to fulfil its governance and oversight responsibilities in relation to a number of areas including, financial reporting, internal control systems, risk management, legal and regulatory compliance and audit functions.
The Audit Committee is an advisory body only and must keep Council informed of its activities.
The Audit Committee does not dimmish management or a Councillors individual or overall responsibilities.
Council intends to work progressively toward the achievement of better practice in a local government environment, and had included in the Terms of Reference an obligation for the committee to develop its own skill for this purpose.
Click here to view the Audit Committee Terms of Reference