Membership of the Audit and Risk Committee

Context

The CEO of the Australian Radiation Protection and Nuclear Safety Agency (ARPANSA) has established an Audit and Risk Committee (the Committee) in accordance with subsection 45(1) of the Public Governance, Performance and Accountability Act 2013 (PGPA Act) and Division 3 of the Public Governance, Performance and Accountability Rule 2014 (PGPA Rule).  

The Audit and Risk Committee is appointed by the CEO and comprises of an independent chairperson, and between 3 and 5 independent members.

The Committee plays a key role in assisting the CEO in fulfilling their responsibilities by independently reviewing and assessing the agency’s systems and controls for financial management, performance and sustainability, risk management, integrity, business continuity, insurance, internal audit, external audit and review, compliance and internal controls.

The Committee must exercise independent judgement and be objective in its deliberations, decisions and advice.