Internal audit

The University Council has established the Audit and Risk Committee with regard to Audit Committee Guidelines – Improving Accountability and Performance published by the Queensland Government Treasury Department.

Internal audit

The Vice-Chancellor and President has established an internal audit function as a key component of the University’s governance framework. In accordance with the Financial and Performance Management Standard 2009, 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

The Audit and Risk Committee approves a framework for the conduct of the internal audit function through the Internal Audit Charter, 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 University of Southern Queensland (UniSQ) ("the University") has a responsibility to develop, encourage and implement sound financial, legal and ethical decision-making and organisational practices.

Independent reporting

Internal Audit operates under the independent oversight of the University Council. If you have serious concerns and you wish to report directly to the Chair of Audit and Risk Committee, you may contact the Chair of the Audit and Risk Committee via ChairARC@unisq.edu.au. Correspondence received through this channel will be handled confidentially.