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 from the Head of Internal Audit on internal audit reviews
undertaken in accordance with the Annual Audit Plan.
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.
To consider the annual internal audit
strategy and annual audit plan and make any suggestions for work
activities as appropriate.
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
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.
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.
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.
To review the Treasury Management Policy
and Strategy and make recommendations on risk control
Any other audit related responsibilities
as may from time to time be allocated.