Audit and Risk Committee

• Role of the committee

The role of the Audit and Risk Committee is to:

• guide and assist the City in carrying out its functions:
  • under Part 6 – Financial Management, of the Local Government Act 1995;
  • in relation to audits conducted under Part 7 – Audit, of the Local Government Act 1995;
  • relating to other audits and other matters related to financial management.
• review the Chief Executive Officer’s report into the appropriateness and effectiveness of the City’s systems and procedures in relation to risk management, internal control and legislative compliance, presented it by the CEO under regulation 17 of the Local Government (Audit) Regulations 1996 and:
  • report to the Council the results of that review;
  • give the Council a copy of the CEOs report.
• review the CEO’s report into the appropriateness and effectiveness of the City’s financial management systems and procedures under regulation 5(2)(c) of the Local Government (Financial Management) Regulations 1996 and:
  • report to the Council the results of that review;
  • give the Council a copy of the CEO’s report.
• support the auditor of the City to conduct an audit and carry out the auditor’s other duties under the Local Government Act 1995 in respect of the City and to oversee the implementation of any actions in accordance with regulation 16(f) of the Local Government (Audit) Regulations 1996.
• consider the adequacy and effectiveness of internal controls by reviewing reports from the Internal Auditor, the Administration, Office of the Auditor General, consultants and other external oversight agencies as appropriate;
• enquiring with the Internal Auditor or the Administration about processes to detect and prevent fraud or corruption and to their awareness of any suspected, alleged or actual fraud or corruption and the City’s response to it (subject to confidentiality considerations);
• assessing the adequacy of the annual internal audit plan and the three-year internal audit plan;
• identify and refer specific projects or investigations deemed necessary through the CEO, the Internal Auditor and the Council if appropriate and receive any reports detailing the results of those investigations;
• review the strategic risks to the City and the plans to minimise or respond to those risks. This includes assessing whether risks that may prevent the City from achieving its objectives or maintaining its reputation have been identified.

Membership

Committee members

• Mayor Hon. Albert Jacob, JP
• Cr Rebecca Pizzey
• Cr Lewis Hutton
• Cr Daniel Kingston
• Cr John Raftis – Presiding Member
• Cr Rohan O’Neill – Deputy Presiding Member
• Cr Christine Hamilton-Prime, JP
• Vacant – External Member

Deputies

• Cr Christopher May, JP
• Cr Adrian Hill
• Cr Nige Jones
• Cr Russ Fishwick, JP
• Cr John Chester
• Cr Phillip Vinciullo

Quorum

Four