Annual Report 2014-15

Invitations to change tenders
There were no reportable invitations made by Council to change tenders during the period.



Audit Committee
Council’s Audit Committee for the period consisted of the Mayor, Cr Wellington and two external
members who were appointed via Council appointment at the Ordinary Meeting held on
31 July 2014.

During the period, Council’s Audit Committee held four formal committee meetings and played an
active role as an advisory committee to Council through the provision of independent comment,
advice and counsel on audit and risk management issues covering a wide range of Council
operations and projects.

In accordance with Council’s Audit Committee Charter, a key duty of the Committee is to provide
reasonable assurance to Council that its core business goals and objectives are being achieved in
an efficient and economical manner, within an appropriate framework of internal control and risk
management.



Internal Audit
Council recognises the relevance of strengthening governance and control systems through the
establishment of an efficient and effective internal audit function.

Council’s Internal Audit Plan for each financial year is developed having regard to current
operational risks. Council’s internal audits are conducted in accordance with Council’s Internal
Audit Terms of Reference and Internal Audit Policy, which objectives include; providing
independent, objective assurance and appropriate services designed to add value and improve
Council’s operations. Council’s Internal Audit Plan for each period is reviewed and adopted by the
Audit Committee.

The Internal Audit activity for the period included an extensive audit of Council’s Payroll, Overtime
and Time in Lieu systems and processes. This Audit was completed by a specialist external
provider. 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.




Noosa Council Annual Report 2014/15                                                          Page 27