Committee details

1.                   To receive reports from the External Auditor, and to consider the External Audit Annual Management Letter and reports, making suggestions for improvement in practice to Council and / or Executive as required as a result of those reports.

2.                   To consider reports from the Head of Internal Audit on internal audit reviews undertaken in accordance with the Annual Audit Plan.

3.                   To consider reports from the Head of Internal Audit on all Priority 1 recommendations arising from audit reviews, and follow up on Priority 1 recommendations not implemented within a reasonable timescale, and making recommendations to the Executive where deemed necessary to ensure best financial practice is applied across the authority.

4.                   To consider the annual internal audit strategy and annual audit plan and make any suggestions for work activities as appropriate.

5.                   To consider the Head of Internal Audit’s annual report and assurance opinion and a summary of internal audit activity (actual and proposed), together with the level of assurance it can give over the Council’s corporate governance arrangements, making recommendations to the Executive on any areas of concern arising.

6.                   To monitor the effective development and operation of risk management policies in the Council, making recommendations to the Executive where risk management procedures are considered to not be working effectively.

7.                   To monitor the Council’s arrangements to protect the Council from fraud and corruption, including the Anti Fraud & Corruption Policy and the Raising Concern at Work (Whistle Blowing) Policy.

8.                   To review and approve the Annual Governance Statement and recommend it for signature by the Chief Executive and the Leader of the Council for publication in the Statement of Accounts.

9.                   To review the Treasury Management Policy and Strategy and make recommendations on risk control measures.

10.               Any other audit related responsibilities as may from time to time be allocated.