| Internal Audit Programme
The ILC’s Internal Audit Programme is set with reference to significant identified areas of operational and financial risk. This programme provides for the systematic coverage of the ILC’s functions and activities under a rolling programme. Internal audits may cover compliance and/or performance and include corporate activities, programme, specific projects and subsidiaries.
The ILC’s internal audit function is outsourced.
The following audits were conducted or commenced during this period:
• Compliance
• IT Security Audit – ILC and Subsidiaries
• Work Health and Safety – Subsidiary
• Internal Controls – Subsidiary
• Performance
• Warrigundu Station NT (Hodgson Downs)
• Roebuck Plains Station WA
• Indigenous Landholder Services
• Indigenous Pastoral Project (in progress)
Audit findings and recommendations are recorded and actions monitored via a centralised Risk and Compliance Register. The Board, Audit Committee, Chief Executive Officer and senior management receive regular reports on the status of implementation of audit recommendations to ensure that the ILC fully addresses issues identified. The ARMC maintains oversight of the Internal Audit Programme to ensure the coverage aligns with key strategic, operational and financial risks and that management’s responses are timely and appropriate.
Dostları ilə paylaş: | 
