Finance, Audit and Risk Committee

 

The Finance, Audit and Risk Committee is appointed by the ACMHN Board and reports directly to the Board. It has jurisdiction across all ACMHN activities and ACMHN Officers are required to support the Committee in the achievement of its objectives. The Committee does not, however, have any Executive powers, but it may seek independent advice and support when it considers it is warranted and following consultation with the Chief Executive and/or Board.

 

Membership

The Committee will comprise of:

  • Chair, a member of the Board of Directors
  • Maximum of four financial members of ACMHN
  • Up to two external members

The Finance, Risk and Audit Committee has the capacity to co-opt members to the Committee from time to time, as deemed appropriate by the Committee.

The Chair of the Finance, Risk and Audit Committee, in consultation with the CEO, agrees on an annual Audit and Compliance Committee Program.

 

Memebers of the Finance, Risk and Audit Committee

  • Scott Trueman Chair
  • Lee Collison
  • Michael Blair

 

Purpose 

The primary function (be delegated power of the ACMHN Board of Directors) of the Finance, Audit and Risk Committee is to:
 
  • Improve the quality of financial and risk management within the ACMHN
  • Provide greater accountability and oversight of ACMHN’s financial management and accounting practices
  • Take an active interest in and promote an ethical culture within the ACMHN, including independently overseeing corporate conduct, practices and procedures (e.g. conflicts of interest issues)
  • Provide a forum where the views of Board members, organisational members, executive management and auditors can be discussed and assessed in relation to finance, governance and risk management.
  • Examine selected projects or issues as directed by the Board
 
 

Meetings

The Finance, Risk and Audit Committee normally meets on a quarterly basis, in accordance with a quarterly reporting program.

The Finance, Risk and Audit Committee may meet with the accountant, auditors and ACMHN staff as it sees fit and may require staff to provide it with documents and information as it considers appropriate.

 

Current Members

Scott Trueman
Chair of the Finance and Audit Committee

Lee Collison
Finance and Audit Committee Member

Verena Tinning
Finance and Audit Committee Member

Michael Blair
Finance and Audit Committee Member