Audit and Risk Committee Independent Chairs and Members - (re-submission)This application is for re-submission only.
If you wish to submit a new application, please go to this link. Applicants must read this before starting an application.
Failure to do so may result in an unsuccessful application as incomplete applications will not be assessed.
Instructions to Applicants Read the scheme rules, which includes the criteria used to assess applications.Refer to the Guide to scheme application before starting the application so you know what you need to complete an application.Read the Code of Conduct to understand the conduct obligations of individuals sitting on Audit and Risk Committees.The Scheme NSW Treasury first issued the Internal Audit and Risk Management Policy for the NSW Public Sector in August 2009.
The Policy has since been reviewed and updated and is now TPP20-08 Internal Audit and Risk Management Policy for the General Government Sector (The Policy).
The Policy requires agencies to maintain organisational arrangements that provide additional assurance, independent from operational management, on internal audit and risk management.
TPP20-08 mandates a set of core requirements that departments and statutory bodies must implement.
Specifically, Core Requirement 3.1 requires agencies to establish an independent Audit and Risk Committee with appropriate expertise.
TPP20-08 requires Independent Chairs and Members to be drawn from the Panel of prequalified individuals maintained through this Prequalification Scheme, Audit and Risk Committee Independent Chairs and Members, originally established in 2009.
The Panel comprises highly skilled members with extensive experience across a range of policy areas and is an important element in ensuring strong governance of NSW public sector agencies, providing a valuable contribution to the NSW public sector.
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