Board Audit and Risk Committee charter (83.76 KB) - last updated Monday, 10 December 2012
The CPA Australia Board of Directors governs four committees that assist the board in their decision-making and policy processes. All committee members are appointed by the board.
The Board Audit and Risk Committee assists the board in the areas of statutory reporting, internal control systems, risk management systems, insurance and legal proceedings, and the internal and external audit functions.
The primary function of the Finance Committee is to assist the board to develop financial strategies for CPA Australia. These strategies include managing budgetary processes and strategic finance management, improving the quality of internal and external reporting, and ensuring correlation between organisational key performance indicators and related financial information.
Responsibilities of the Nomination and Remuneration Committee include recommending suitable candidates for the position of CEO and evaluating the incumbent CEO's performance. The committee also recommends annual staff and CEO salary changes and bonus payments, and changes to the executive structure that are proposed by the CEO.
The Policy Governance Committee oversees processes and protocols for approving and reporting relevant policy and research. The committee advises the board on relevant policy and research issues which may significantly impact CPA Australia or our members, as well as ensuring due diligence is applied to relevant policy and research.