Audit Risk and Compliance Committee Annual Report to Council 2023/24 and Audit Risk and Compliance Committee - Membership, Terms of Reference, Internal Audit Charter, Strategic Work Plan and Risk Appetite Statement

 

 

28/10/2024 - Audit Risk and Compliance Committee Annual Report to Council 2023/24 and Audit Risk and Compliance Committee - Membership, Terms of Reference, Internal Audit Charter, Strategic Work Plan and Risk Appetite Statement

It is resolved that:

(A)      Council note the Audit Risk and Compliance Committee's 2023/24 Annual Report as shown at Attachment A to the subject report;

(B)      Council approve the Audit Risk and Compliance Committee's Strategic Work Plan 2024 - 2028 as shown at Attachment B to the subject report;

(C)      Council approve the Audit Risk and Compliance Committee's Terms of Reference at Attachment C to the subject report;

(D)      Council approve the Internal Audit Charter as shown at Attachment D to the subject report;

(E)      Council adopt the Risk Appetite Statement as shown at Attachment E to the subject report; and

(F)      Council approve the appointment of Rosemary Milkins and Robert Lagaida as additional independent members for the Audit Risk and Compliance Committee for a four year period commencing from 1 December 2024; and

(G)      Council appoint Councillor Robert Kok as the council representative member to the Audit Risk and Compliance Committee for a period of four years.

Carried unanimously.

S083523