The Local Government Act 2009 requires Whitsunday Regional Council to establish an effective and efficient internal audit function that will provide independent, objective assurance and appropriate services designed to add value and improve Council’s operations.
Section 164(1) (a) and (b) of the Local Government Regulation 2012 requires Council to keep a written record stating the risks Council's operations are exposed to, to the extent they are relevant to financial management, and the control measures adopted by Council to manage the risks. In compliance with legislation, Council has adopted a Risk Management Policy and established a Risk Management Committee.
Whitsunday Regional Council recognises that risk management is an integral part of good governance and management practice and in accordance with our Risk Management Policy, Council has developed a Risk Management Framework based on the principles of ISO 31000:2018 which provides an organisation-wide commitment to a consistent approach to managing risk.
Fraud and Corruption Control
Whitsunday Regional Council recognises that fraud and corruption prevention and control are integral components of good governance and risk management and should feature predominantly within our systems.
The policy informs all Council officers, Councillors, consultants and contractors of Council’s position regarding fraud and corruption and the consequences of failing to comply with the provisions of the policy.
We are committed to:
• A zero-tolerance approach to fraud and corruption
• Fraud and corruption control management as an integral component of effective corporate governance
• Maintaining effective fraud and corruption prevention and detection functions
• Investigating all suspected incidents of fraud and corruption and taking appropriate action.
Council’s Fraud and Corruption Control Strategy is our strategic guideline that:
• Defines management and staff responsibilities
• Ensures the implementation of robust practices for the effective detection, investigation and prevention of fraud and corruption of any kind within Council.
Whitsunday Regional Council Audit and Risk Committee
The role of the Whitsunday Regional Council Audit and Risk Committee is to provide independent assurance and assistance to the Council on:
• The risk, control and compliance framework;
• Council's Strategic and Operational Risk Registers;
• Council's Risk Management Systems; and,
• Council's external accountability responsibilities as prescribed in the Local Government Act 2009 and the Local Government Regulations 2012.
The committee does not replace or replicate established management responsibilities and delegations, the responsibilities of other executive management groups within Whitsunday Regional Council, or the reporting lines and responsibilities of external audit functions.
The committee will provide prompt and constructive reports on its findings directly to Council, as required by legislation.
The committee is directly responsible and accountable to the full Council for the exercise of its duties and responsibilities. In carrying out its duties and responsibilities, the committee must at all times recognise that primary responsibility for management of the Whitsunday Regional Council rests with the Chief Executive Officer.