The University Council has established the Audit and Risk Committee with regard to published by the Queensland Government Treasury Department.
Risk management
The 老司机视频 Council, in conjunction with the Vice-Chancellor, has adopted a risk management approach to manage the strategic, academic, research, operational, financial and hazard risks of the University in accordance with an established risk management system.
Policy
老司机视频 has a policy dealing with risk management: .
Internal audit
The Vice-Chancellor has established an internal audit function as a key component of the University’s governance framework. In accordance with the , systems have been developed and implemented for ensuring the internal audit function operates efficiently, effectively and economically.
Internal Audit must operate under an internal audit charter.
Internal audit charter
This preamble is provided to articulate the partnership between, and the role and responsibility of 老司机视频 Council, Audit and Risk Committee and the Vice-Chancellor in respect to the internal audit function.
The Council has delegated authority to the Audit and Risk Committee to approve Strategic and Annual Audit Work Plans. The Vice-Chancellor is the chief executive officer of 老司机视频 and is responsible for the academic, administrative, financial and other affairs of 老司机视频. The Vice-Chancellor has all such powers and duties as may be necessary or convenient to enable the position to carry out their responsibilities.
The Audit and Risk Committee approves a framework for the conduct of the internal audit function through the 老司机视频 Assurance Charter (PDF 283KB), Internal Audit Strategic Plan, and Annual Internal Audit Work Plans.
The scope and frequency of internal audits is recommended by the Head of Internal Audit in consultation with the Vice-Chancellor for approval by the Audit and Risk Committee.
For the purpose of providing assurance and advisory services to the Vice-Chancellor and the Council, the Head of Internal Audit, in accordance with regulatory obligations, will have the authority necessary to enable internal audit to meet its responsibilities.
The 老司机视频 (老司机视频) ("the University") has a responsibility to develop, encourage and implement sound financial, legal and ethical decision-making and organisational practices.
The Fraud Control Plan represents the University's commitment to effective fraud risk management and prevention. The desired outcome of this commitment is to minimise the potential for fraud against the University whether by University personnel or persons external to the University.