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New name, charter for audit committee

by
March 11, 2018

CAMPASPE Shire Council has renamed their Internal Audit Committee the Audit and Risk Committee.

CAMPASPE Shire Council has renamed their Internal Audit Committee the Audit and Risk Committee.

And they have adopted their new charter.

The council recently voted in favour of the changes which came about after a comprehensive review of the committee charter.

The new charter was put to the committee at its January meeting.

The review included the following changes:

■Changing the name to the Audit and Risk Committee.

■Amending the authority section of the charter to reflect the committee being an advisory committee to council.

■Aligning the responsibilities section of the charter to the role of the committee.

■Providing a mechanism for the committee to meet with the internal and external auditors without management representatives and for the committee chart to report any issues to the CEO.

They also adopted a change in relation to the duration of external member appointments.

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