2022-07-12 - S&O Agenda - Item 3 - Attachment 1 - Governance Framework Report

   • Assist the CEO and Council in the effective discharge of their responsibilities
     by providing them with analyses, appraisals, recommendations and
     information concerning the activities reviewed.
   • Review compliance with Council policies and procedures, legislative
     requirements and regulations.
   • Provide outcomes that will generally improve practices across Council.

  Council’s Internal Audit Plan for each financial year is developed having regard
  to current operational risks and is reviewed and adopted by the Audit and Risk
  Committee. Council’s internal audits are conducted in accordance with Council’s
  Internal Audit Policy . Furthermore, Council has in place a number of systems
  and processes to ensure that recommendations resulting from its internal audits
  are appropriately actioned and implemented into day -to-day operations.

  External audit

  Each year the Queensland Office of the Auditor-General undertakes an
  independent audit of Council’s financial statements and operations with an audit
  report provided to Council. Any significant issues the Queensland Audit Office
  (QAO) identify are reported to Council and the Audit and Risk Committee.
  Essentially, a key role of the QAO is to provide professional audit services and
  opinion on the accuracy and reliability of the financial statements of public
  sector entities and local governments.

  In addition to financial audits, the QAO may carry out performance audits and
  provide independent assurance that government programs are delivering on the
  objectives efficiently, effectively and economically.

  Assurance map

  Council undergoes assurance mapping which delivers a single organisation-wide
  view of risk and control derived from assurance activities undertaken across the
  lines of defence. Assurance mapping is aligned to Council's strategic risks,
  identifying all assurance providers and indicating the extent and effectiveness of
  assurance provided. Good assurance mapping does not solely relate to business
  process and control activities, rather it also identifies other business assurances
  such as quality control reviews, self-assessments and other audits.




NOOSA SHIRE COUNCIL                                                             PAGE 46