Audit Committee

The Audit Committee has four members. The committee was established in accordance with Section 32 of the Commonwealth Authorities and Companies Act 1997 (Cth). The TSRA Board is responsible for the appointment of the Audit Committee. The Committee provides independent assurance and assistance to the TSRA Board on the risk, control and compliance frameworks and the TSRA's external accountability responsibilities.

The Chairperson of the Audit Committee is an independent member from Moore Stephens Accountants and Advisors. The Chairperson of the Audit Committee provides technical expertise and experience, supplying advice on best practice accounting and auditing standards in the public sector. Special meetings of the Audit Committee can be held if deemed necessary by the TSRA Chairperson or the Chairperson of the Audit Committee.

Membership, meetings and attendance for the TSRA Audit Committee are shown in tables 4-7 , 4-8 and 4-9 .

Membership

Table 4-8 Outgoing Audit Committee Members

Table 4-9 Current Audit Committee Members

Meeting dates

One Special Audit Committee Meeting was held before the previous Audit Committee's term ended in 2012 - 2013, as shown in Table 4-9 .

Table 4-10 Outgoing Audit Committee Meeting

The current TSRA Audit Committee met three times in 2012 - 2013, as shown in Table 4-10 .

Table 4-11 Current Audit Committee Meetings

Members' attendance at TSRA Audit Committee meetings is shown in tables 4-11 and 4-12 .

Table 4-12 Outgoing Board Audit Committee Meeting Attendance