Go to top of page

Finance Audit and Risk Committee

The ASC Finance, Audit and Risk Committee (FAR Committee) provides independent advice and assurance to the Board on matters relating to: ASC financial management and strategic planning, efficiency, physical assets, risk management, all aspects of internal and external audit, compliance matters, NSO finances.

During the reporting period the Committee, chaired by Andrew Plympton, continued to focus on: reviewing and reporting on NSO finances, reviewing the ASC’s financial statements, reviewing the appropriateness of the ASC’s annual performance statements, monitoring the ASC’s PGPA Act legislative compliance, risk management, cyber security, oversight of the ASC’s capital and infrastructure projects, the Child Safety Implementation Plan, the AIS site strategy, overseeing the internal audit and ANAO audit programs.

Mr Robert Dalton, Independent Member, attended his last Committee meeting in December 2019. The FAR Committee met formally on seven occasions during 2019–20.

Table 20: ASC Finance, Audit and Risk Committee meeting attendance PGPA rule section Mandatory Table: 17BE(taa) — Audit Committee

Name

Position

Meetings eligible to attend

Meetings attended

Andrew Plympton

Chair

7

7

Andrew Ireland

Member

7

7

Pippa Downes

Member

7

7

Robert Dalton

Independent Member

4

4

For total annual remuneration of Audit Committee members see Table 22.