Annual Report 2015-16

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

Audit and Risk Committee
During the period, Council’s Audit and Risk Committee, which consists of two Councillor members
and two expert independent external members, 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 and Risk 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.

The Audit and Risk Committee observed the terms of its Charter for the period and conducted an
annual assessment of its performance.

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, the objectives of which 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 and Risk Committee.

The Internal Audit activities for the period included a review of the following:
 Cash handling management and processes at Council and Council facilities;
 Waste Charges Systems reconciliation; and
 Council’s ICT Security Systems.

The above Audits were completed by specialist external providers. 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 2015/16                                                         Page 30