2012 ANNUAL REPORT - Gumala

Gumala Aboriginal Corporation
ABN 93 807 596 843
Directors' Report
30 June 2012
Meetings of Directors
Director’s Name Attended Eligible to Attend
Stephen Peterson 22 22
Stuart Ingie Snr 15 22
David MacLean 8 8
Shane Derschow 7 8
Slim Parker 2 8
Archie Tucker 8 11
Karen Tommy 9 14
Keith (Joog) Lethbridge 6 14
May Byrne 8 14
Guy Parker 2 2
Nicholas Cook 8 8
Cecil Parker 4 8
Doreen James 11 13
Julie Walker 7 14
Warren Ingie 9 14
Keith Hall 14 22
Natalie Parker 8 8
David Stock 7 13
Lisa Coffin 7 14
Board Committee Meetings
Gumala Aboriginal Corporation Board Committees
In April 2012 the GAC Board established six committees in a number of key areas to assist the Board in fulfilling its
responsibilities. The Committees are as follows:
1. Audit and Risk Committee
The role of the Audit and Risk Committee is to oversee GAC’s financial governance, risk, and internal control
framework so as to ensure that the Corporation:
- sustains effective and efficient operations;
- maintains the integrity of financial and non-financial information;
- protects its assets; and
- complies with applicable laws, standards, policies and procedures, contracts and best practice, including the
fulfillment of its external accountability responsibilities.
To fulfil this role, the Audit and Risk Committee will discharge the following duties, responsibilities and functions:
- Financial Reporting;
- Internal Control Structure;
- Risk Management Systems;
- Internal Audit Function; and
- External Audit Function
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26 GUMALA ABORIGINAL CORPORATION ANNUAL REPORT 2012
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