Tax Office Audit Committee - Summary of the 2005-06 annual report to the Commissioner of Taxation

Meeting Committee obligations

The Chief Executive's Instructions establish the Audit Committee's terms of reference. These are scheduled for review in 2006-07. The Committee met its obligations in 2005-06 through:

• considering and monitoring tasks falling within its area of responsibility - particularly in relation to Tax Office control framework and the Tax Office financial statements
• maintaining appropriate links with other areas, including external bodies such as the ANAO and internal bodies such as the Integrity Advisory Committee, Security Committee, Financial Management Steering Committee and the Internal Assurance Branch
• active and effective scrutiny and monitoring of matters falling within its terms of reference, as well as the commissioning of remedial work and/or referral to other appropriate forums
• attendance of senior officers at meetings, as requested by the Chair, to assist in fulfilling the Committee's responsibilities and to ensure accountability for further work where necessary.