Knowledge Item Details

IIA-Australia submission on Audit Committees


IIA-Australia is also responding to the Department of Finance’s draft guide ‘Non-Corporate Commonwealth Entities (NCEs) Audit Committees – Independent advice and assurance for accountable authorities’.

IIA-Australia recommended a number of changes to the guide including that the majority of audit committee members and the chair of the audit committee should be external.

The IIA-Australia also argued the Head of Internal Audit should report directly to an accountable authority when providing assurance and advice.


Keywords: audit committee
Date Published: 06-Dec-2017 Resource Type: Submission                Author/Publisher: IIA-Australia