THE BOARD'S ROLE
The Board role is as described in the HWLLEN Governance Manual document.
Consistent with the HWLLEN Values and Principles underpinning the allocation of the Strategic Priority Funding, the governance role of the Board will include:
Endorsement of Selection Criteria
Endorsement of the outcomes of the process
Consideration of recommendations for improvement
HUME WHITTLESEA LLEN BOARD - 2019-2020
Kevin Pope Education Consultant
Sarah Rowe City of Whittlesea
Himalee Karunasena Stafford Group
Emina Sivic Brotherhood of St Laurence
Adam Todorovski Melbourne Polytechnic
Maria Dimistriou Hume City Council
Wendy Caspar Youth Projects
Wendy Schwedes Kangan Institute
Finance & Audit Standing Committee
The Finance and Audit committee is a formal committee of the Committee of Management, and is responsible to the Committee of Management. Its primary function is to assist the Committee of Management in fulfilling its oversight responsibilities with respect to:
Reviewing and providing analysis of the financial reports including but not limited to the Statement of Financial Performance (Profit and Loss), Statement of Financial Position (Balance Sheet), rolling cash flow statement, and investment reports.
The appointment and remuneration of external auditors.
Reviewing the audit of the organisation’s books and records, and any subsequent management matters that arise from the auditors management letter.
Reviewing the system of internal controls that the organisation has established. The committee should have a clear understanding with the outside auditors that they must maintain an open and transparent relationship with the committee, and that the ultimate accountability of the outside auditors is to the Board of Management and committee.
Recommending the appointment of insurance brokers
Reviewing the adequacy of insurance arrangements
Receive and access any complaints regarding auditing or accounting matters, including complaints from those who wish to remain anonymous.
The Finance and Audit committee will make progress reports to the Committee of Management following each meeting held
The Finance and Audit committee will meet at least 3 times per annum.