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Internal Audit

The Internal Audit Team provides professional expertise to Congregations, Presbyteries and Synod to support them in fulfilling their stewardship responsibilities in relation to financial and non-financial risk management.

Reporting to the Synod’s Audit and Risk Committee, the role of Internal Audit is essentially to provide independent assurance over key activities and processes across the Church. Internal Audit provides insights and guidance to help ensure that such activities are adequate, undertaken appropriately, are effective and efficient and that related risks are minimised.

Differing from external audit, whose focus is primarily on the accuracy of the annual report and financial statements, internal audit provides insights and support across a range of areas important to the mission and operation of the Church within our society.

Internal audit is a review activity, which seeks to work alongside the different councils of the Church to:

  • Understand the strengths and weaknesses of processes and provide guidance and expertise to support in improving such processes and activities to better achieve the mission and objectives of the Church while reducing the risk undesirable consequences;
  • Ensure councils of the Church fulfil any relevant requirements, such as those set out in the Regulations, or external requirements such as compliance and regulation;
  • Develop, implement and oversee strong internal control practices; and
  • Establish a point of contact to support and educate the Church in internal controls, risk management and compliance.

Our Internal Audit Charter provides the functional and organisational framework within which the Internal Audit operates. This document sets out the nature, role, status and responsibility of the internal audit function and operation.

Internal Audit Program

An annual Internal Audit Plan is developed and approved by the ARC and includes a number of internal audit projects across the Synod, presbyteries and congregations. The Internal Audit Team will contact the relevant stakeholders to advise of an upcoming internal audit project in the months preceding the planned project and will seek to identify a suitable time to undertake the review.

Generally, there are four key steps of an internal audit process, as detailed below:

Generally, the scope of internal audit at a presbytery or congregation will consider key activities in relation to the below identified focus areas:

  • Child safety
  • Compliance
  • Financial management
  • Governance
  • Ministry management
  • OH&S
  • Trust and bequest management

We hope you will find this initiative of value and you will welcome Internal Audit into your communities. If you would like to request an internal audit review be considered, please reach out using the contacts below.

Tamika McLaren
Team Leader – Audit and Risk Management
130 Lonsdale St Melbourne 3000
t (03) 9116 1902
e tamika.mclaren@victas.uca.org.au

 

Ellena Graham
Internal Audit Advisor
130 Lonsdale St Melbourne 3000
t (03) 9116 1901
e ellena.graham@victas.uca.org.au