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The Finance, Audit and Risk Management Committee (FARMC) is responsible to the Ahpra Board for the oversight of risk and to provide advice on the effectiveness of the corporate assurance framework and risk management, financial strategy, sustainability and internal audit functions. The Committee also provides oversight of the external audit process.
The specific responsibilities of the Committee are to provide advice on:
The Finance, Audit and Risk Management Committee is chaired by Ms Barbara Yeoh AM member of the Ahpra Board.
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For further information about the Ahpra Board or its committees, email [email protected]
Ms Yeoh is currently serving her third term as a member with expertise in health, education and training from 1 October 2020. She is a Director of the Victorian State Emergency Service Authority and previously served on the Board of Monash Health, Austin Health and Eastern Health in Victoria. She has over 25 years’ experience across a range of public and private sector agencies including in the health, education, finance, insurance, transport, technology and infrastructure sectors. Ms Yeoh has previously served as a Council Member and Deputy Chancellor at Latrobe University.
Other appointments.
Mr Balcombe brings to the Committee considerable experience is accounting, audit and risk management gained during an extensive career at Ernst & Young, as a Partner. He was responsible for quality and risk management in that Firm’s Oceania area before moving to similar roles in the Asia Pacific area where his responsibilities covered much of South East Asia and China. He was also was involved in audit, corporate advisory, internal audit outsourcing and related roles where he served clients in a broad range of industries including government, manufacturing, retail and distribution.
Mr Balcombe is currently a Financial Counsellor with a not-for profit community organisation.
He holds a Bachelors’ Degree in Commerce, is a Fellow of Chartered Accountants Australia & New Zealand and a Registered Company Auditor.
He joined the Finance, Audit and Risk Management Committee as a member with expertise in accounting and audit and risk management, his term will expire on 31 May 2023.
Kim Jones is an independent non-executive director with experience in industry sectors including financial services, global asset management, institutional funds management, superannuation, health, youth and education. During her executive career, Kim was a superannuation trustee, investor relations, marketing and communications specialist with ASX100 institutional fund managers and financial services companies: Colonial First State Global Asset Management, Colonial First State Property (subsidiaries of Commonwealth Bank) and Lend Lease. The earlier part of her career was spent as a marine scientist and teacher, and promoting new technology at the University of New South Wales.
Kim is currently a community member on the Dental Board of Australia and Chair of Hear For You (a charity, registered with ACNC and ASIC, that empowers deaf and hard of hearing teenagers).
Kim holds an Honours Degree in Science from the University of Sydney, a graduate Diploma of Education and is a Graduate of the Australian Institute of Company Directors.
Mr Norris was appointed to the Ahpra Board as a member with expertise in health, business and administration from 20 September 2020. Mr Norris is a member of the Alfred Health Board and has over 20 years’ experience in the private and government sectors. He was the former Chief Executive Officer of the National Health Funding Body and implemented national health reforms including the establishment of Activity Based Funding governance and grant payment system to all hospital networks. Mr Norris has a strong background in policy development and implementation and compliance and performance reporting. Mr Norris is a Fellow Certified Practising Accountant and a graduate member of the Australian of Institute of Company Directors.
Anthony Evans has extensive financial and general management experience as a senior executive and a board director in the health, aged care, education, resources and not-for-profit sectors. His non-executive director roles in the health sector have included being a board member of Perth Primary Care Network and Therapeutic Guidelines Ltd.
Anthony is currently a community member of the Optometry Board of Australia. He holds a Bachelor of Business and is a Fellow of CPA Australia, the Governance Institute of Australia and the Australian Institute of Company Directors.
Ms O’Shannessy was appointed as a member with expertise in business and administration in November 2023. Ms O’Shannessy is currently General Counsel for NSW Health. She has led major regulatory reforms including establishment of the NSW Health Care Complaints Commission and NSW health privacy. Ms O’Shannessy has extensive experience in health regulation and compliance at both a policy and operational level with expertise in legislation, governance, and risk.