City of Brisbane Regulation 2012
sec.199Internal audit
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sec.199 Internal audit
For each financial year, the council must— prepare an internal audit plan; and carry out an internal audit; and prepare a progress report for the internal audit; and assess compliance with the internal audit plan. The council’s internal audit plan is a document that includes statements about— the way in which the operational risks have been evaluated; and the most significant operational risks identified from the evaluation; and the control measures that the council has adopted, or is to adopt, to manage the most significant operational risks. The council must give its audit committee— the progress report mentioned in subsection (1) (c) ; and at least twice during the year after the internal audit is carried out, each of the following documents— a summary of the recommendations stated in the report; a summary of the actions that have been taken by the council in response to the recommendations; a summary of any actions that have not been taken by the council in response to the recommendations. (sec.199-ssec.1) For each financial year, the council must— prepare an internal audit plan; and carry out an internal audit; and prepare a progress report for the internal audit; and assess compliance with the internal audit plan. (sec.199-ssec.2) The council’s internal audit plan is a document that includes statements about— the way in which the operational risks have been evaluated; and the most significant operational risks identified from the evaluation; and the control measures that the council has adopted, or is to adopt, to manage the most significant operational risks. (sec.199-ssec.3) The council must give its audit committee— the progress report mentioned in subsection (1) (c) ; and at least twice during the year after the internal audit is carried out, each of the following documents— a summary of the recommendations stated in the report; a summary of the actions that have been taken by the council in response to the recommendations; a summary of any actions that have not been taken by the council in response to the recommendations.
- (a) prepare an internal audit plan; and
- (b) carry out an internal audit; and
- (c) prepare a progress report for the internal audit; and
- (d) assess compliance with the internal audit plan.
- (a) the way in which the operational risks have been evaluated; and
- (b) the most significant operational risks identified from the evaluation; and
- (c) the control measures that the council has adopted, or is to adopt, to manage the most significant operational risks.
- (a) the progress report mentioned in subsection (1) (c) ; and
- (b) at least twice during the year after the internal audit is carried out, each of the following documents— (i) a summary of the recommendations stated in the report; (ii) a summary of the actions that have been taken by the council in response to the recommendations; (iii) a summary of any actions that have not been taken by the council in response to the recommendations.