Role of Audit Committee
In accordance with section 53 of the Local Government Act 2020 Moira Shire Council has an Audit & Risk Committee which acts as an independent advisory Committee to Council.
Role
The primary role of the Audit & Risk Committee is to assist Council to:
- effectively manage its responsibilities in regard to internal and external financial reporting;
- manage Council’s strategic risks
- ensure compliance with laws and regulations as well as the use of best practice guidelines; and
- manage the internal and external audit functions.