Audit and Risk Management Committee
The Audit and Risk Management Committee:
- assessed and contributed to the audit processes relating to the identification of risks and threats to the agency, taking into account the environment, financial and other, in which the agency operates and its performance management framework.
- assessed and enhanced the agency’s corporate governance, including its systems of internal audit control, risk management and internal audit activities.
- evaluated the quality and facilitated the practical discharge of the internal audit function, particularly in the areas of planning, monitoring and reporting.
- oversaw the internal audit function and appraised the agency’s financial and operational reporting.
The Audit and Risk Management Committee considered 29 audit reports as well as a range of significant matters in 2003-04.
The Committee assisted the Director-General in the discharge of his responsibilities with contributions such as:
- endorsement of the departmental financial statements.
- endorsement in principle of the departmental risk management framework.
- monitoring progress of the risk management framework.
- consideration of the fraud awareness strategy initiative.
- endorsement of a training session for committee members, which will include current trends, governance frameworks and assurance and be undertaken by the independent member of the Audit and Risk Management Committee.
- consideration of the departmental response to the Government Agency Preparedness (GAP) project.
- consideration of external audit issues.
- review and discussion of significant internal audit findings.
- endorsement of a revised Audit and Risk Management Committee Charter which reflected:
- general responsibilities of committee members;
- responsibility for auditors;
- responsibility for risk management;
- responsibility for annual financial statements; and
- composition of committee and meetings.
During 2003-04, the membership of the Committee remained constant but for the change of Chairperson.
This occurred as a consequence of Administrative Arrangements (No. 2) 2004
, with a new Director-General
appointed to the Department. Membership comprised: Peter Rule (chair from July 2003 to January 2004), Frank Rockett
(chair from February to June 2004), Gabrielle Sinclair, Executive Director, Policy and Program Services,
Jenny Briant, Acting Executive Director, Corporate Services, and Chris Johnson, Partner, PricewaterhouseCoopers.
Representatives from the Queensland Audit Office were invited to observe the committee proceedings
along with the Director, Internal Audit and Assistant Director, Planning and Performance. Additionally,
the committee invited staff and others to attend specific meetings as and when required.
- Director, Ethical Standards to brief the committee on the fraud awareness strategy.
- Director, Finance and Administrative Services to provide information on potential risks associated with Annual GST Certification.
The committee formally met four times in 2003-04 with an extraordinary meeting to discuss the departmental
Other committees also supported the direction and management of the Department.
Key committees included the Strategic Health, Safety and Rehabilitation Coordinating Committee, and
the Strategic Equity Committee.
The Strategic Health, Safety and Rehabilitation Coordinating Committee provided direction and support for
workplace health and safety (WH&S) and rehabilitation planning, implementation and monitoring processes
within the Department.
The Strategic Equity Committee provided advice, assistance, direction and support for Equal Employment
Opportunity (EEO) principles within the Department, promoted ways to improve equality of opportunity
and monitored the implementation of equal opportunity strategies outlined in the Department’s EEO Management Plan.