AUDIT, RISK AND IMPROVEMENT COMMITTEE (ARIC)
Lachlan Shire Council has an established Audit, Risk and Improvement
Committee. It’s objective is to provide independent assurance to
Council by monitoring, reviewing and providing advice about Lachlan Shire
Council’s governance processes, compliance, risk management, control
frameworks and external accountability obligations. The Committee acts as a forum
for the Lachlan Shire Council internal audit function and oversees its
planning, monitoring and reporting to ensure it operates effectively.
The Committee is to provide an advisory and assurance role only and has no administrative function, delegated financial responsibility or any management functions of Council. The Committee will provide independent advice to Council that is informed by the internal audit and risk management activities and information and advice provided by Council, relevant external bodies and subject matter experts.
Composition and tenure, which is subject to legislative change
The Committee consists of:
• 2 independent voting members
• 2 Councillor voting members
• General Manager: non-voting observer
• Director Corporate & Community Services: non-voting observer
The Committee meets at least 4 times per year. These meetings are not open to the general public and the Committee can hold fully closed meetings whenever it needs to discuss confidential or sensitive issues with only voting members of the committee present.
Independent committee members are reimbursed for their expenses and for their meeting attendance time, in accordance with Council adopted policy. As vacancies occur, Council advertises for suitably qualified and experienced new members. Further details are available below in the ARIC Terms of Reference document and appropriately redacted summaries of Meeting Minutes will be made available as meetings occur.
