2022 AUDIT COMMITTEE CONFERENCE

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Kingston, Jamaica: Thursday, November 3, 2022

The Ministry of Finance and the Public Service (MOFPS) in collaboration with the Office of the Cabinet hosted the 2022 Audit Committees’ Conference to create awareness and continued professional learning about topical and current issues on Governance, Compliance and Risk Management within the Public Service.

This year’s conference was held under the theme, “Audit Committees: Accelerating Performance to Manage Expectations” at the Courtleigh Hotel and Suites in Kingston on Wednesday, November 2, 2022.

The conference adopted a hybrid structure to facilitate committee members from local, regional and international audit sectors.

Speaking at the event, Darlene Morrison, CD, Financial Secretary, MOFPS, said, “The Ministry of Finance and the Public Service recognises that GOJ Audit Committees are not exempt from high stakeholders’ expectations and therefore, we are constantly thinking of methods that will ensure that the role and functions of audit committees not only meet the required standards but that there is evidence of the standard of work of the audit committees.”

She further added, “In that regard, I am sure you are aware of the recent initiative of the Internal Audit Directorate to introduce the Audit Committee Performance Evaluation Guidelines”.

The Audit Committee Performance Evaluation guideline (ACPE tool) is designed to assist the audit committee in establishing a framework within which it can evaluate how well it is executing its oversight responsibilities. This tool aims to transform how audit committees measure and report their effectiveness and is the first of its kind in the history of audit committees in Jamaica

The conference hosted a panel discussion on the ACPE guidelines with a focus on Communication and professional engagement. The panellists were Kerry-Ann Lewars-Jackson, Chairman of the National Works Agency Audit Committee, Nicola Reid, Chairman of MOFPS Audit Committee, Peter Brown, Chairman of the Ministry of Agriculture and Fisheries Audit Committee and Garfield Brissett, Chairman of the Ministry of Culture, Gender, Entertainment and Sport Audit Committee. The session was led by Michelle Miller, Audit Coordinator, Quality Assurance and Performance Audit, Internal Audit Division,  MOFPS.

There were also presentations on effective cyber security tactics, planning for success (aligning the annual risk-based audit plan to the organisation’s objectives) and an overview of the Audit Committees’ performance.

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For further information contact: 

Corporate Communication & Public Relations Branch

Ministry of Finance and the Public Service

30 National Heroes Circle

Kingston 4

Tel: (876) 932-4656/4660/4655

Email:  Shelly-Ann.Weeks@mof.gov.jm; Shakiel.Rochester-Shorter@mof.gov.jm