62819
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Internal audit
Unique IDAY-0073DescriptionThe business of fraud prevention, checking of accounts, and (more recently) monitoring general efficiency of Council business processes, carried on by officers of Council appointed for these purposes and/or by external auditors. The activity seeks to provide an independent, objective assurance and consulting service designed to add value and improve the organisation’s operations. The NSW Auditor General has signed-off on the annual accounts of the City of Sydney in recent years.
During 1989-1990 a number of events led the City to seek the appointment of a Director of Internal Audit, with the aim of providing a more contemporary internal audit service. In early 1990 a new Director’s position was thus established as a part of the Executive, reporting to the Town Clerk. Audit processes and documentation were developed between 1997 and 1998 to achieve ISO9000 quality accreditation, with the organisation the first public sector internal audit group in NSW to achieve such accreditation. Prior to 2000 the organisation employed a co-sourced model of service provision. In 2001 the organisation moved to a fully outsourced model, with the formal position taken by Council at the time that it would establish an audit committee and outsource the activity in order to improve governance over City operations. In mid-2011 the organisation recruited an internal audit manager to head the service. Following a period of transition in late 2011, the organisation returned in January 2012 to a co-sourced (partially outsourced) model of internal audit service provision.
CreationSydney Corporation Act 1842, s34.
Election of auditors. These were to be persons qualified for election as Councillors but not actually Councillors.
ROC 1899.
Council created an internal audit position as an independent administrative department (CA 83).
Municipalities Act 1858 s38 (Councils other than the City of Sydney): accounts to be audited.
During 1989-1990 a number of events led the City to seek the appointment of a Director of Internal Audit, with the aim of providing a more contemporary internal audit service. In early 1990 a new Director’s position was thus established as a part of the Executive, reporting to the Town Clerk. Audit processes and documentation were developed between 1997 and 1998 to achieve ISO9000 quality accreditation, with the organisation the first public sector internal audit group in NSW to achieve such accreditation. Prior to 2000 the organisation employed a co-sourced model of service provision. In 2001 the organisation moved to a fully outsourced model, with the formal position taken by Council at the time that it would establish an audit committee and outsource the activity in order to improve governance over City operations. In mid-2011 the organisation recruited an internal audit manager to head the service. Following a period of transition in late 2011, the organisation returned in January 2012 to a co-sourced (partially outsourced) model of internal audit service provision.
CreationSydney Corporation Act 1842, s34.
Election of auditors. These were to be persons qualified for election as Councillors but not actually Councillors.
ROC 1899.
Council created an internal audit position as an independent administrative department (CA 83).
Municipalities Act 1858 s38 (Councils other than the City of Sydney): accounts to be audited.
Series
Description
Start date1st November 1842End date1st November 1842Relationship legacy dataRELATED TO: Suburban municipal government FN-0029 (03/08/1859 to 31/12/1948)
RELATED TO: Council administration FN-0026 (01/11/1842)
RELATED TO: Council administration FN-0026 (01/11/1842)
Identification
Source system ID73
Relationships
Internal audit [AY-0073]. City of Sydney Archives, accessed 22 Nov 2024, https://archives.cityofsydney.nsw.gov.au/nodes/view/62819