Legislative and policy compliance legal and compliance risks system to monitor compliance with relevant laws, regulations and associated government policies compliance with international conventions annual certificate of compliance report Internal audit monitoring of internal coverage and its alignment to the assessment of key risks audit’s monitoring of the Audit annual work plan Committee’s adequacy of internal audit resources audit program monitoring of implementation of audit recommendations management’s review of all audit reports and provision of advice to the Accountable Authority review of Audit Committee performance External audit financial statement and performance audit coverage review of external audit plans and reports regarding planned or completed audits monitoring of response on implementation of audit recommendations management’s Governance arrangements periodic review of governance arrangements Other responsibilities parliamentary committee reports and external reviews performance reporting framework. Responsibilities of committee members Members of the audit committee are expected to understand and observe the legal requirements of the Public Governance, Performance and Accountability Act 2013 and regulations. Members are also expected to: act in the best interests of the Great Barrier Reef Marine Park Authority apply good analytical skills, objectivity and good judgement express opinions constructively and openly, raise issues that relate to the Audit Committee’s responsibilities and pursue independent lines of enquiry contribute the time required to review meeting papers provided. Table 21: Meetings of the Great Barrier Reef Marine Park Authority Audit Committee 2014–15 Meeting Date Location Attendance AC 64 27 August 2014 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael O’Keeffe AC 65 20 November 2014 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael Michael O’Keeffe O’Keeffe AC 66 19 February 2015 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael O’Keeffe AC 67 20 May 2015 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael O’Keeffe Internal audit reports During 2014–15 internal audits were undertaken in the following areas of operation: income
Legislative and policy compliance legal and compliance risks system to monitor compliance with relevant laws, regulations and associated government policies compliance with international conventions annual certificate of compliance report Internal audit monitoring of internal audit’s coverage and its alignment to the assessment of key risks monitoring of the Audit Committee’s annual work plan adequacy of internal audit resources audit program monitoring of management’s implementation of audit recommendations review of all audit reports and provision of advice to the Accountable Authority review of Audit Committee performance External audit financial statement and performance audit coverage review of external audit plans and reports regarding planned or completed audits monitoring of management’s response on implementation of audit recommendations Governance arrangements periodic review of governance arrangements Other responsibilities parliamentary committee reports and external reviews performance reporting framework. Responsibilities of committee members Members of the audit committee are expected to understand and observe the legal requirements of the Public Governance, Performance and Accountability Act 2013 and regulations. Members are also expected to: act in the best interests of the Great Barrier Reef Marine Park Authority apply good analytical skills, objectivity and good judgement express opinions constructively and openly, raise issues that relate to the Audit Committee’s responsibilities and pursue independent lines of enquiry contribute the time required to review meeting papers provided. Table 21: Meetings of the Great Barrier Reef Marine Park Authority Audit Committee 2014–15 Meeting Date Location Attendance AC 64 27 August 2014 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael O’Keeffe AC 65 20 November 2014 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael O’Keeffe Michael O’Keeffe AC 66 19 February 2015 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael O’Keeffe AC 67 20 May 2015 Townsville Roy Peterson; Phillip Fogarty; Margie McKenzie Michael O’Keeffe Internal audit reports During 2014–15 internal audits were undertaken in the following areas of operation: income
GBRMPA_2014_15%20AnnualReport_WORD.docx