At its meeting on 28 July 2020, the Council resolved to re-establish the Audit and Risk Committee as required under section 53 of the Local Government Act 2020 (Act).
The Audit and Risk Committee is appointed by the Melbourne City Council to oversee the activities of council particularly its risk management and internal control processes in addition to the activities of the Council’s external and internal auditors.
The committee gives independent advice to Council on:
- appropriate accounting
- auditing
- internal control
- business risk management
- compliance and reporting systems
- processes and practices.
They consider and make recommendations to the Council and its management on many issues and internal audits.
Meetings
The Audit and Risk Committee meets five times a year. For more information see the Audit and Risk Committee Charter below.