Date:

Time:

Meeting Room:

Venue:

 

Tuesday, 14 May 2024

2.00pm

Room 1, Level 26
135 Albert Street
Auckland

 

Komiti mō te Tātari me te Mātai Tūraru /

Audit and Risk Committee

 

OPEN ATTACHMENTS

 

ITEM   TABLE OF CONTENTS                                                                                         PAGE

 

8          Forward Work Programme 2023-2024

A.      Forward Work Programme                                                                                     3

9          Long-term Plan 2024-2034 (LTP): approach to risk and assurance to support final decision-making

A.      Audit NZ Engagement Letter                                                                                 7

11        Health Safety and Wellbeing Performance Report

A.      HSW Enterprise Risk Controls                                                                             27

B.      Health Safety and Wellbeing Performance Dashboard                                       31

12        Auckland International Airport Limited share sale process

A.      Internal Audit review – Auckland Council’s AIAL share sale process                 35

13        Enterprise Risk Update - May 2024

A.      Risk Appetite Statement                                                                                       45

B.      Strategic Risks                                                                                                     53

C.      Risk Workplan for 2024-2025                                                                              59

14        Process for Annual Green Bond Report 30 June 2024

A.      Sustainable Finance Framework 2023                                                                63

15        Climate Disclosure Work Programme update May 2024

A.      CRD Milestones                                                                                                   77

16        The Auditor-General's report to council on the review engagement for the six months ended 31 December 2023

A.      Review engagement management report 31 December 2023                           79


 



Audit and Risk Committee

14 May 2024

 

 

 


Komiti Tātari me te Mātai Raru Tūpono / Audit and Risk Committee
Forward Work Programme 2023-2024

This committee assists and advises the Governing Body in discharging its responsibility and ownership of governance, risk management and internal control across Auckland Council group. 

Responsibilities include reviewing the effectiveness of enterprise risk management, internal and external audit assurance, health safety and wellbeing, business continuity and resilience, integrity and investigations.  The Committee monitors compliance, risk management in significant projects and programmes of work and procurements and has oversight of risk management and assurance of CCOs, the preparation of the LTP, Annual Report and other statutory financial reports.
The full Terms of Reference is available
here

 

 

Area of work and lead

2023

2024

5 December

19 February

14 May

20 August

17 September

3 December

 

Forward work programme

GM Risk and Assurance

Work programme

Link to decision

Work programme

Link to decision

Work programme

Summary of Audit and Risk Committee information memoranda, workshops and briefings

 

Work programme

Summary of Audit and Risk Committee information memoranda, workshops and briefings

 

Work programme

Committee’s Annual performance report

Summary of Audit and Risk Committee information memoranda, workshops and briefings

Work programme

Summary of Audit and Risk Committee information memoranda, workshops and briefings

 

Assurance

GM Risk and Assurance

Internal Audit activities update

Link to decision - restated

Internal Audit activities update

Fraud and integrity update

Link to decision - restated

Internal Audit update

·      Internal Audit activities update

·      Internal Audit strategy and audit plan – (July 2024 – June 2025)

·      Internal Audit Charter

Internal Audit activities update

Fraud and integrity update

 

 

Internal Audit activities update

 

 

Independent Māori Statutory Board - Treaty Audit

GM Risk and Assurance

 

Treaty Audit Monitoring update

Link to decision

 

Treaty Audit Monitoring update

 

 

 

 

Enterprise Risk

GM Risk and Assurance

*Director, Regulatory Services

Enterprise Risk Update

Link to decision

Link to decision – restated

* Regulatory Services – statutory clock management

Link to decision

 

Enterprise Risk Update

 

 

Enterprise Risk Update

 

CCO Risk management

GM Risk and Assurance

CCO quarterly risk report

Attendance by Watercare

Link to decision - restated

CCO quarterly risk report

Attendance by Auckland Transport

Link to decision - restated

CCO quarterly risk report

Attendance by Eke Panuku

 

CCO quarterly risk report

Attendance by Tātaki Auckland Unlimited

 

 

CCO quarterly risk report

Attendance by Watercare

 

Ports of Auckland Limited (POAL) Risk management

Governance & Risk Manager (POAL)

 

POAL risk update

Attendance by POAL

Link to decision - restated

 

 

 

 

 

Key Strategic Project updates

Director Infrastructure and Environmental Services & CCO/ External Partnerships Dept

Chief of Strategy

GM Financial Strategy and Planning

City Rail Link update

Link to decision

Auckland Emergency Management Prioritised Plan update

Link to decision

Recovery Project update

Link to decision

Local Water Done Well

Auckland International Airport Limited shares sale process update

City Rail Link update

 

Local Water Done Well

Recovery Project update

 

Local Water Done Well

City Rail Link update

 

Health, Safety and Wellbeing

GM Health, Safety and Wellbeing

Health, safety, and wellbeing update

Link to decision

Health, safety and wellbeing update

Link to decision

Health, safety and wellbeing update

 

Health, safety and wellbeing update

 

 

Health, safety and wellbeing update

 

Legal Risk

General Counsel

Legal risk report

Link to decision - restated

 

Legal risk report

 

 

 

Legal risk report

 

Insurance

Resilience and Insurance Manager

 

Update on insurance activities

Link to decision - restated

 

Update on insurance activities

 

 

 

Interim Report

Group Financial Controller

 

Review arrangements 31 December 2023

Link to decision

31 December 2023 Interim Financial Statements & NZX Announcement Update

Proforma interim financial statements and accounting policies 31 December 2023

Link to decision

Link to decision - restated

31 December 2023 half year results announcement for the NZX and Interim Report clearance

Link to decision

Link to decision - restated

Audit New Zealand Review Engagement management report for the six months ended 31 December 2023

 

 

 

Review arrangements 31 December 2024

31 December 2024 Interim Financial Statements & NZX Announcement Update

Proforma interim financial statements and accounting policies 31 December 2024

 

 

Annual Report

Group Financial Controller

Audit New Zealand final audit management report 30 June 2023

Link to decision

Audit New Zealand Audit Engagement and Audit Proposal letters for 2023, 2024 and 2025

30 June 2023 Arrangements (Audit New Zealand audit plan)

Link to decision

NZX Announcement 30 June 2024 / Annual Report 30 June 2024 update for committee

Proforma Annual Report 30 June 2024 (financial statements and accounting policies)

Proforma Volume 4 - Climate Change Risk 30 June 2024

NZX Announcement 2023/ Annual Report 30 June 2024 update for committee

Audit New Zealand Interim audit management report 30 June 2024

Volume 4 - Climate Change Risk 30 June 2024 update for committee

 

30 June 2024 Annual Report

Volume 4 - Climate Change Risk 30 June 2024

CCO annual reports on risk (matters raised through annual audit process and summary of any significant findings raised by auditors)

Attendance by Auckland Transport, Tātaki Auckland Unlimited, Eke Panuku and Watercare

POAL annual reports on risk (matters raised through annual audit process and summary of any significant findings raised by auditors)

Attendance by POAL

 

Audit New Zealand final audit management report 30 June 2024

 

 

Climate Change Reporting and Sustainable Finance

Group CFO

Climate disclosure work programme - progress update

Link to decision

Link to decision - restated

 

Climate disclosure work programme - progress update

 

Climate disclosure work programme - progress update

 

Auckland Council’s Sustainable Finance update

 

Climate disclosure work programme - progress update

 

 

Annual Budget 2023/2024

Long-Term Plan 2024-2034

GM Financial Strategy and Planning

Long-term Plan 2024-2034 approach to risk and assurance.

Link to decision

Final Audit Management Report for the Long-term Plan amendment 2023

Link to decision

Update on the Audit of the Long-Term Plan 2024-2034 Consultation Document

Link to decision

Update on the Audit of the Long-Term Plan 2024-2034

 

 

Risk management approach for the Annual Budget 2024/2025

 

Annual Green Bond Report

Treasury Funding Manager

 

 

Process for Annual Green Bond Report 30 June 2024

 

Annual Green Bond Report 30 June 2024

 

 

External Audit

Office of Auditor-General (OAG)

Briefing paper provided

Link to decision - restated

Briefing paper provided

Link to decision - restated

Briefing paper provided

 

Briefing paper provided

 

Briefing paper provided

 

Briefing paper provided

 

Workshop

EPMO update on benefits realisation.

Long-term plan – current assumptions.

Long-term Plan 2024-2034

Long-term Plan 2024-2034: Approach to risk and assurance to support final decision-making.

Data and Privacy Management

Cyber security

 

Auckland Emergency Management Update

 

                                                        



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14 May 2024

 

 





















Audit and Risk Committee

14 May 2024

 

 





Audit and Risk Committee

14 May 2024

 

 





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14 May 2024

 

 










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14 May 2024

 

 









Audit and Risk Committee

14 May 2024

 

 






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14 May 2024

 

 





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Audit and Risk Committee

14 May 2024

 

 


Audit and Risk Committee

14 May 2024