Whitehorse City Council

Audit Advisory Committee

Role of the Audit Advisory Committee

The Audit Advisory Committee is an advisory committee whose role is determined by the Local Government Act1989 and Council. It monitors the Council’s audit processes, including the Councils internal control activities.

The key objective of the Audit Advisory Committee is to provide independent assurance and assistance to the Chief Executive Officer and the Council on the Councils risk, control and compliance framework, and its external accountability and legislative compliance responsibilities.

Responsibilities of the Audit Advisory Committee

The responsibilities and terms of reference of the Audit Advisory Committee are clearly defined the charter, which has been formally approved by the Council. 

The key responsibilities of the Audit Advisory Committee include a range of functional areas:

  • External reporting review
  • Financial statement audit review
  • Internal audit
  • Internal control and risk management
  • Legislative compliance
  • Fraud prevention and awareness
  • Good governance.

Audit Advisory Committee Composition

The Audit Advisory Committee comprises two appointed Councillors and two independent persons with technical expertise and industry experience. Current Audit Advisory Committee members are:

  • Chairperson/independent member – Mike Said
  • Independent member – Greg Hollyman and;
  • two representatives appointed by Council.

Internal Audit

PricewaterhouseCoopers Chartered Accountants have been contracted to provide independent internal audit services for a three-year period (July 2013 to June 2016). PricewaterhouseCoopers performed a risk assessment of Council’s operations and recommended a three-year audit program to cover these aspects.  

The Audit Advisory Committee adopted the internal audit work program for a three-year period and receives reports from the internal auditor on these issues. The Audit Advisory Committee also receives update reports in relation to any previous matters raised by the internal auditors to ensure that these are adequately addressed.  

External Audit

The external auditor is the Victorian Auditor General Office (VAGO) who has appointed the accounting firm Crowe Horwath to conduct the annual statutory financial statement audit. The Audit Advisory Committee also reviews recommendations from matters raised by other VAGO audit reports such as the performance audits.

pdf icon Audit Advisory Committee Charter (164.18kB)