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 – Lisa Woolmer
  • Councillor representative – Cr Raylene Carr
  • Councillor representative – Cr Denise Massoud

Internal Audit

Council’s internal auditor, Crowe Horwath, supports the Audit Advisory Committee by providing independent and objective assurance on internal corporate governance, risk management, internal control and compliance.

The Strategic Internal Audit Plan (SIAP) is developed by the internal auditor in consultation with the Chief Executive Officer, general managers, selected managers and the Audit Advisory Committee. It is a three-year plan of internal audit projects and is based on past internal audit activity, Council’s strategic risk register, audit activity proposed by the Victorian Auditor-General’s Officer, and risks prevalent in the local government sector. The SIAP is revised annually to ensure the audit resources remain focused on the appropriate areas.

External Audit

The external auditor is the Victorian Auditor-General’s Office who conducted the Annual Financial Report and Performance Statement audits for the 2017/18 financial year.