Audit and Risk Committee membership and roles In accordance with legislative requirements, the Board operates an Audit and Risk Committee. The Committee oversees: Risk management. Financial management, performance and sustainability reporting. Compliance with legislation, regulations and standards. External audit. Internal audit. In 2017–18, the independent members of this committee were: Lisa Woolmer (Chairperson). Sue Christophers. Michael Grogan. John Maddock (12 April–30 June 2018). Andrea McCall. Ron Wilson (1 July 2017–12 April 2018). Finance Committee membership and roles The Board also operates a Finance Committee. The Finance Committee: Advises the Board regarding funding allocation setting. Monitors financial performance against Board funding allocations. Advises the Board regarding the treatment of unrecoverable debts. Ensures effective oversight of financial resources in alignment with Board objectives. Leads improvements to Board financial efficiency and sustainability. In 2017–18, the members of this committee were: John Maddock (Chairperson). Sue Christophers. Andrea McCall. Michael Grogan.
Audit and Risk Committee membership and roles In accordance with legislative requirements, the Board operates an Audit and Risk Committee. The Committee oversees: Risk management. Financial management, performance and sustainability reporting. Compliance with legislation, regulations and standards. External audit. Internal audit. In 2017–18, the independent members of this committee were: Lisa Woolmer (Chairperson). Sue Christophers. Michael Grogan. John Maddock (12 April–30 June 2018). Andrea McCall. Ron Wilson (1 July 2017–12 April 2018). Finance Committee membership and roles The Board also operates a Finance Committee. The Finance Committee: Advises the Board regarding funding allocation setting. Monitors financial performance against Board funding allocations. Advises the Board regarding the treatment of unrecoverable debts. Ensures effective oversight of financial resources in alignment with Board objectives. Leads improvements to Board financial efficiency and sustainability. In 2017–18, the members of this committee were: John Maddock (Chairperson). Sue Christophers. Andrea McCall. Michael Grogan.
ACFEBoardAnnualReport1718.docx