Audit and Risk Management Committee
About the Committee
Previously a sub-committee of the Finance Committee, the Audit Committee was established by Senate as a Senate committee on 4 February 2002 and renamed as the Audit and Risk Management Committee on 3 March 2003.
The Committee monitors and reports to Senate on effective management of financial and non-financial risks; reliable management and financial reporting; compliance with laws and regulations; maintenance of an effective and efficient internal audit capability; maintenance of an effective and efficient risk management capability; and the financial and non-financial risks of subsidiaries and controlled entities such as Foundations and CRC’s and commercial activities.
