PSR Annual Report 2005-2006

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Management and accountability

Audit Committee

The Audit Committee was established in 2004-05 and comprises three members: Ms Glenys Roper, independent chairperson, Mr Peter Hoefer, independent member, and Mr John Jenner, Executive Officer at the PSR. A representative from the Australian National Audit Office attends as an invited observer.

The objective of the Audit Committee is to provide independent assurance and assistance to the Director on PSR's risk, control and compliance framework and its external accountability responsibilities.

As part of the overall management and control responsibilities, PSR has appointed Ascent to provide internal audit services.

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