Audit and Risk Committee Charter

Purpose 
The purpose of the Audit and Risk Committee (Committee) is to support Council in discharging its oversight responsibilities relating to: 
- financial and performance reporting 
- risk management 
- protection and control of Council assets 
- monitoring and review of the standard of the internal control environment 
- effectiveness of assurance activities including internal and external audits 
- Council’s governance practice, including compliance with its policies and legislative and regulatory requirements 
The appointment of independent members of the Committee enables the Committee to provide advice to the Council on matters related to its responsibilities based on different skills and experience that might otherwise not be the case and in so doing bring additional benefits to the Council and Casey residents. 
The Committee has no executive authority and no delegated responsibilities and is therefore independent of management.