Governance Report for year ended 30 June 2012
7. Audit, Finance & Risk Management Committee cont.
7.2 Membership and Attendance
The Audit, Finance and Risk Management (AFRM) Committee comprises:
The DHB Chairperson.
Chairpersons of the following committees:
- Combined Community and Public Health and Disability Services Advisory Committee.
- Bay of Plenty Hospitals Advisory Committee.
Other Members as appointed by the Board.
The Board will endeavour, where appropriate, to include Māori representation on the committee
(clause 38(2), Schedule 3, NZPHD Act).
The Committee meets on a monthly basis and as required for particular issues.
Committee membership and attendance during the 11/12 year was as follows:
Meetings
Name
Scheduled Attended
Mark ARUNDEL 10 9
Gail MCINTOSH 10 9
Ron SCOTT 10 9
David STEWART 10 10
Sally WEBB 10 6
Jeff WILLIAMS 10 10
7.3
Comments
Chairperson
Internal Control
To fulfil its responsibilities, Management maintains adequate accounting records and has developed and
continues to maintain a system of internal controls:
The Board acknowledge that they are responsible for the systems of internal financial control.
Internal financial controls implemented by Management can provide only reasonable and not
absolute assurance against material misstatement or loss.
The Audit, Finance & Risk Management Committee has established certain key procedures, which are designed
to provide effective internal financial control.
No major breakdowns were identified during the year in the system of internal control.
After reviewing internal financial reports and budgets the Committee Members believe that the Bay of Plenty
DHB will continue to be a going concern in the foreseeable future, subject to ongoing support from the Crown.
For this reason they continue to adopt the going concern basis in preparing the financial statements.
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