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About NSWQB

Committees of the National Social Work Qualifications Board

Audit Committee

The Audit Committee was established in May 2002 by the NSWQB in response to the requirements of the Department of Finance’s Code of Practice for Governance of State Bodies. It is responsible for advising the Board on the effectiveness of the internal control practised by the NSWQB.

Terms of Reference:

  1. That the Audit Committee is responsible for advising the Board on the formulation and effectiveness of the internal control practiced by the NSWQB but is not responsible for the implementation and operation of internal control.
  2. To review interim and annual financial statements of the organisation.
  3. When requested, to ensure appropriate liaison with, and support to external auditors.
  4. To review the requirements of external audit and internal audit and control in the NSWQB and ensure all such requirements are addressed.
  5. To review the scope and effectiveness of financial management and internal control of the NSWQB.
  6. To review the terms of reference in accordance with current and relevant legal and regulatory standards.
  7. To review annually the accounting policies of the NSWQB.
  8. To report to the Board on each of these areas. 

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