Meeting papers

INTERNAL AUDIT POLICY
                                                        ATTACHMENT 2


                                                                     Council Policy
                                                                  INTERNAL AUDIT

 Corporate Plan Reference:                     Theme 5: Excellence

                                               Objective 5.5: Provide robust and
                                               transparent governance systems to build
                                               and strengthen community trust, supported
                                               by the implementation of an enterprise risk
                                               and opportunity management framework

 Endorsed by Council:


 Policy Author:                                Executive Officer, Internal Audit and
                                               Corporate Performance


 1. POLICY STATEMENT

 Council recognises the relevance of strengthening governance and control systems through
 the establishment of an efficient and effective internal audit function. This Policy has been
 formulated to assist Council in meeting its statutory obligations under Section 105 of Local
 Government Act 2009 and Section 207 of the Local Government Regulation 2012.


 2. PURPOSE


 The Internal Audit Policy provides the strategic framework for the conduct of the internal
 audit function within Council and is endorsed by the Audit and Risk Committee.
 The internal audit function is part of Council’s Governance Framework and provides an
 independent and objective risk-based view of Council’s internal control environment.

 Internal audits are to be undertaken in accordance with the Annual Audit Plan and the
 Internal Audit Terms of Reference (Attachment 1) with oversight by Council’s Audit and Risk
 Committee.
 The operation of the internal audit function strives to be consistent with the International
 Standards for the Professional Practice of Internal Auditing. This includes adhering to the
 Core Principles for the Professional Practice of Internal Auditing. Council will appoint and
 may from time to time vary the appointment of an internal auditor who may be a contracted
 service provider.


 3. ROLE OF INTERNAL AUDIT
 Internal Audit provides an independent and objective review and advisory service to:


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