Audit & Risk Committee

In accordance with Section 139 of the Local Government Act 1989 Pyrenees Shire Council has an Audit & Risk Committee which acts as an independent advisory Committee to Council.

Role

The key objective of the Audit & Risk Committee is to provide independent assurance and assistance to the Chief Executive and the Council on the Shire’s risk, control and compliance framework, and its external accountability responsibilities.

The Council authorises the Audit & Risk Advisory Committee, within the scope of its role and responsibilities to:-

  • Obtain any information it needs from any employee and/or external party (subject to their legal obligation to protect information).
  • Discuss any matters with the external or internal auditor, or other external parties (subject to confidentiality considerations).
  • Request the attendance of any employee, including the Chief Executive, at committee meetings.
  • Obtain external legal or other professional advice, as considered necessary to meet its responsibilities, at Council’s expense.

Membership

  • The Audit Committee consists of five members comprising of two Councillors and three independent (external) members. 
  • Independent members are appointed by Council by public advertisement for a maximum of three years. 
  • The Chairperson of the Committee is appointed from the external members by Council on the recommendation of the Chief Executive Officer. 
  • Councillor members are appointed to the Audit & Risk Committee by the full Council on an annual basis.
  • Independent members are appointed for an initial period not exceeding three years after which they will be eligible for two further three year extensions after a formal review of their performance at the conclusion of each term. The review is undertaken by the Chief Executive Officer.  At the end of the three consecutive terms the position will be advertised seeking expressions of interest.  This does not preclude the existing member reapplying.
  • No management staff may be appointed to the Audit & Risk Committee. 

Independent Members

  • Mr Geoff Price - Master of Business Administration, Diploma of Business
  • Ms Wendy Honeyman - Bachelor of Commerce – Accounting (2000),  Graduate Diploma of Business – Professional Management (1990),  Certified Practising Accountant

Councillor Members

  • Cr Michael O’Connor
  • Cr Robert Vance

Meetings

  • The Audit Committee meet at least three times per year.  A special meeting may be held to review Council’s annual financial statements.
  • Due to the nature of the work of the Audit Committee and the potential sensitivity of the material being considered the meetings of the Audit Committee are closed to the public.
  • The Chief Executive Officer and Internal Auditor attend all meetings except where the Audit Committee believes the matter should be discussed privately.
  • Other members of Council can attend the Audit Committee.  Council staff may be invited to attend at the discretion of the Chief Executive Officer and / or the Chairperson of the Committee to advise and provide information when required.
  • Representatives of the external auditor are invited to attend all meetings and must attend meetings considering the draft annual financial statements and results of the external audit.

Council Auditors

  • Council’s Internal Auditors are AFS & Associates Internal Auditors
  • Council’s External Auditors are Crowe Horwath External Auditors (Appointed by the Victorian Auditor-General’s Office)

Charter

The Audit Committee operates within a Charter. The most recent review of the Charter was undertaken in December 2017 and adopted by Council in January 2018.  A copy of the Charter is available on this page.

 

We acknowledge the people past and present of the Wadawurrung, Dja Dja Wurrung, and Djab Wurrung tribes, whose land forms the Pyrenees Shire. We pay our respect to the customs, traditions and stewardship of the land by the elders and people of these tribes.

Page last updated: 8:21 AM, 22 February 2018
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