Mr Stan Balbata

Mr Stan Balbata



Stan Balbata at his desk



B Comm Melbourne CPA

Internal Auditor

The internal auditor is an independent, objective assurance and consulting activity designed to add value and improve the institute’s operations. Internal audit helps the institute accomplish its objectives by bringing a systematic, disciplined approach to evaluating and improving the effectiveness of risk management, control and governance processes.

My responsibilities include monitoring and assessing the institute’s risk and controls, reviewing and confirming information and compliance with policies, procedures and laws. Working in partnership with management, I provide the institute's board, Audit and Risk Committee and executive management with assurance that risks are mitigated and that the institute’s corporate governance is strong and effective. When there is room for improvement, I make recommendations for enhancing processes, policies and procedures.

Since my appointment in 2007 audit recommendations have strengthened internal controls, eliminated duplication and identified substantial savings in expenditure.