Understanding Audit Committees in the Public Sector
|Price (incl GST)|
- Expiry Date: 14 March 2020
- Duration: 60 minutes
An independent audit committee is a fundamental component of good corporate governance and this is no different in the Public Sector.
The audit committee plays a key role in providing independent advice and assurance to the accountable authority to assist them in fulfilling their duties and responsibilities in a number of key areas. These may vary between State and Territory governments and the Australian Government but may include areas such as an entity's financial reporting, internal control systems, systems of risk oversight and risk management and performance reporting.
This session is designed to give a practical overview of why audit committees play an important role in the public sector; what they do, how they operate, interact with the accountable authority, senior management and both the internal and external auditors, and some insights and specific issues for public sector audit committees.
What we will cover:
- Why the public sector establishes audit committees?
- Audit Committee legislative or Direction requirements
- Responsibilities of the audit committee
- How big is the remit – risk, compliance and performance?
- Interactions with key players
- Reporting - telling the full story
If you have recently joined or been prequalified to join a public sector audit committee or you are a government official who works with the audit committee this session is for you. Equally more experienced public sector audit committee members and chairs will find this a useful refresher as it will consider the latest information from government issued guidelines.
Register for three or more webinars of your choice in one transaction, and you can take advantage of our bundle and save promotion. Receive 10% discount for three webinars or register for five or more and receive a 15% discount.
DPD Units 5
Roslyn Jackson MAICD
Faculty member - writer
Australian Capital Training Group
How does it work?
Recordings can be viewed twice. You can fast forward, rewind or pause the playback at anytime. If you stop playback this will count as a view. Please ensure you view the whole recording to be awarded the allocated DPD units.