Audit, Risk and Improvement Committee (ARIC)

 

About ARIC

Previously known as the Internal Audit Committee, the Audit, Risk and Improvement Committee (ARIC) is an advisory committee to Council and provides it with independent assurance by monitoring, reviewing, and providing oversight of the adequacy and effectiveness of Council’s risk management, internal control, internal and external audit, financial management and compliance functions under a Charter.

 

ARIC Charter

The adopted Charter reflects s428A of the Local Government Act and the requirements of the Office of Local Governments (OLG) Risk Management and Internal Audit Framework guidelines.

The committee consists of three Councillors and three external independent members who have been selected through a comprehensive public expression of interest process. The Chair is an external independent member and holds the casting vote where required. Further details, including current members, is available in the ARIC Charter below:

 

Key Documents

The Hills Shire Council’s Audit, Risk and Improvement Committee (ARIC) Charter(PDF, 220KB)

Visit the Office of Local Government Website to review the Draft Guidelines for Risk Management and Internal Audit for Local Councils in NSW.

 

ARIC Meetings

The committee meets four times a year, with one of these meetings to review and endorse Councils externally audited financial statements and the audit opinion of the NSW Audit Office. 

Additional meetings can be scheduled where required.

In line with OLG recommendations these meetings have been closed to the public since 2020 (therefore the minutes and agendas are not listed on this website). The OLG guidelines require that the Chair report to the governing body annually.

The 2022/23 ARIC annual report outlining the outcomes of the Committee will be published on this webpage. This annual report replaces the minutes, agenda and audio recordings previously made available to the Community.