Audit and Risk Committee
The Audit and Risk Committee (ARC) provides independent advice on our:
- financial and performance reporting responsibilities
- risk oversight and management
- system of internal control.
Membership
The ARC has a minimum of 3 members, appointed by the Secretary or Chief Operating Officer. Committee members are all external to the department, no current members are officials of any Commonwealth entity.
Current ARC members
As at 1 September 2024.
Ms Maria Storti FCA, FAICD (Chair)
Ms Storti is a former EY partner with extensive experience in audit, systems of control, risk management and performance measurement and improvement. She has held senior executive roles across the public, private and tertiary education sectors.
Ms Storti is a chartered accountant and a member of the Australian Institute of Internal Auditors, and has a Master of Business Administration. Ms Storti is a Fellow of the Institute of Chartered Accountants Australia and New Zealand and a Fellow of the Australian Institute of Company Directors.
She maintains her financial and risk knowledge through continuing professional development.
Mr Matthew Minogue
Mr Minogue is a former government lawyer and senior executive with more than 30 years’ experience in the Australian Public Service. He has held several senior executive service positions in the APS.
Mr Minogue has extensive experience in legislative reform, policy development and risk management and governance.
Mr Lee Walton
With over 35 years’ experience as a Chartered Engineer, including 15 years as a senior executive in the Australian Public Service in national security and law enforcement primarily in Chief Information Officer and Chief Operating Officer positions, Mr Walton has extensive governance experience in the government and not-for-profit sectors including financial and performance reporting, ICT and cyber security, program and project delivery, and risk management. Mr Walton is an independent member of several government audit and risk committees and has experience as the board chair of a not-for-profit organisation.
The ARC Charter sets out the committee’s:
- objective
- authority
- membership
- reporting and administrative arrangements.