The Internal Audit and Risk Management Policy for the General Government Sector (Policy) is a mandatory policy which has been prepared by NSW Treasury (Treasury) to assist agencies in fulfilling their legislative obligations under the Government Sector Finance Act 2018 (GSF Act) by outlining minimum standards for risk management, internal audit and Audit and Risk Committees (ARCs).
The GSF Act strengthens accountability, transparency, performance and innovation in the New South Wales Government. It sets out the key roles and responsibilities of Accountable Authorities for the financial and performance management their agencies
