Review Of The Audit And Risk Committee Charter & Review Of The Internal Audit Policy · Attachment 2_Internal Audit Policy_Draft

INTERNAL AUDIT POLICY




          Is objective and free from undue influence.
          Aligns with the strategies, objectives and risks of the organisation.
          Is appropriately positioned and adequately resourced.
          Demonstrates quality and continuous improvement.
          Communicates effectively.
          Provides risk-based assurance.
          Is insightful, proactive, and future-focused.
          Promotes organisational improvement.
 Council Delegation: Section 105(1) of the Local Government Act 2009 requires that each
 local government must establish and efficient and effective internal audit function. In
 accordance with Section 257 of the Local Government Act 2009 Council has resolved to
 delegate this power to the Chief Executive Officer, refer to Noosa Council’s Register of
 Delegations.
 Independence means the freedom from conditions that threaten the ability of the internal
 audit activity to carry out internal audit responsibilities in an unbiased manner.
 Internal Audit refers to an independent, objective assurance and consulting activity
 designed to add value and improve an organisation’s operations. Internal audit assists an
 organisation accomplish its objectives by bringing a systemic disciplined approach to
 evaluate and improve the effectiveness of risk management, control and good governance
 processes.
 Objectivity means an unbiased mental attitude that allows internal auditors to perform
 engagements in such a manner that they believe in their work product and that no quality
 compromises are made.
 Terms of Reference describes the framework within which the internal audit service is
 delivered.
 Internal Audit Plan Is a document that outlines the scope, objectives, and schedule of an
 organisation’s internal audit activities.


 11. HUMAN RIGHTS STATEMENT

 In developing this Policy, the subject matter has been considered in accordance with the
 requirements of the Queensland Human Rights Act 2019. It is considered that the subject
 matter does not conflict with any human rights and supports a human rights approach to
 decision making by Council. Council representatives will endeavor to act and make decisions
 under this Policy in a manner that is compatible with human rights. In particular,
 representatives will endeavor to:
        identify relevant human rights which may be affected by the action or decision;
        give proper consideration to the impact of its actions and decisions on human rights;
       and
        ensure that any conduct or decision by Council which limits an individual’s human
       rights is reasonable and justifiable.

This Policy should be read in conjunction with Council’s Human Rights Policy.

 Version control:
 Version     Reason/ Trigger                 Change (Y/N)   Endorsed/ Reviewed by   Date
 1.0         New policy                                     Council                 20 November 2014


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