The Audit, Risk and Improvement Committee (ARIC) is an independent appraisal and consulting function established within Council to examine and evaluate its internal audit and enterprise risk management activities. The Committee provides a monitoring/advisory role to Council but does not have executive power or authority to implement actions.
The main purpose and function of the ARIC is to assist Council in discharging its enterprise risk management responsibilities by evaluating the design and implementation of Council’s risk management systems, ascertaining risk exposures and current trends, and monitoring the adequacy and effectiveness of risk reporting and risk management responses. Specifically the ARIC provides support to Council and the community by:
The ARIC consists of one Councillor and three external independent representatives. The Councillor Representatives are appointed by Council yearly in accordance with Council's Code of Meeting Practice. The ARIC Charter requires the Chairperson of the Committee to be selected from the external independent Committee representatives.
Current members of the Committee are:
The Committee meets no less than 4 times per year.