The Chief Executive of the Digital Transformation Agency (the Agency) has established the Audit and Risk Committee in compliance with section 45 of the Public Governance, Performance and Accountability Act 2013 (PGPA Act) and section 17 of the Public Governance, Performance and Accountability Rule 2014 (PGPA Rule).

Section 17 of the PGPA Rule establishes mandatory functions for an audit committee: “Functions of the Audit Committee: 

  1. The accountable authority of a Commonwealth entity must, by written charter, determine the functions of the audit committee for the entity.
  2. The functions must include reviewing the appropriateness of the accountable authority's:

    2.1 financial reporting, and

    2.2 performance reporting, and

    2.3 system of risk oversight and management, and

    2.4 system of internal control for the entity.”