Self Assessment Checklist
Management of risk is a key element in the delivery of services for councils. The recent creation of Audit and Risk Improvement Committees (ARICs) is a step towards enabling councils to monitor and mitigate financial, governance, service delivery, asset and infrastructure, and other risks. Capturing and assessing risks is a key part of the risk management framework for councils.
This Check List is optional and is provided as a tool to assist councils. It is anticipated that the reporting and improvement measures in the Risk Register will be monitored by councils’ ARICs.
The Check List has the functionality of creating a Risk Register by selecting the responses that may have associated risk. The Risk Register enables a further risk assessment looking at likelihood, consequence, and existing controls.