Audit
Committee Terms of Reference
(i) To consider the Head of
Internal Audit’s annual report and opinion and a summary of
internal audit activity (actual and proposed) and the level of
assurance it can give over the Council’s corporate governance
arrangements.
ii) To consider summaries of
internal audit reports.
iii) To consider
a report from internal audit on agreed recommendations not
implemented within a reasonable timescale.
iv) To consider
the External Auditor’s annual letter, relevant reports and
the report to those charged with governance.
v) To consider
specific reports as agreed with the External Auditor
vi) To commission
work from internal and external audit
Risk Management
i) Receiving
quarterly reports with respect to the effectiveness of risk
management procedures.
ii) Achievement
of Business Continuity Plans
iii) Notification
of Internal Audit recommendations in respect of Risk Management
procedures
Regulatory Framework
i) To maintain an
overview of the Council’s constitution in respect of contract
procedure rules, financial regulations and codes of conduct and
behaviour.
ii) To monitor
the effective development and operation of risk management and
corporate governance in the Council.
iii) To monitor
council policies on “Whistleblowing” and the anti-fraud
and anti-corruption strategy and the Council’s complaints
process.
iv) To review the
Assurance Statement of the Chief Internal Auditor (Manager of
Resource Services) in support of the authority’s Statement of
Internal Control
v) To consider
the Council’s arrangements for corporate governance and
agreeing necessary actions to ensure compliance with best
practice.
Accounts
i) To consider
the external auditor’s report to those charged with
governance on issues arising from the audit of the
accounts.
Officer Delegation
All Corporate Directors
Authority for each Corporate
Director, in consultation with the Monitoring Officer, to authorise
payment of compensation of up to £500.00 in order to settle a
complaint made to the Council directly or through the Local
Government Ombudsman.