Board committees

The Audit and Risk Management Committee assist the Board in discharging its financial and risk governance responsibilities. It oversees the financial reporting processes that will ensure the accuracy, transparency and integrity of reported financial information.

The Committee is responsible for reviewing and monitoring the following:

• The effectiveness of our organisation’s internal control and risk management systems once established.
• The effectiveness and outputs of the internal audit function, including reports and recommendations.
• The preparation of the annual financial statements.
• The independent audit process, undertaken by the Queensland Audit Office.
• Our organisation’s process for monitoring compliance with laws, regulations, internal standards and policies.
• The development of the Risk framework.