As of May 2023, this committee has been
renamed the ‘Audit
and Governance Committee’.
The purpose of the Audit Committee is to look
at the Council’s financial and non-financial performance,
particularly where there is an increase in the Council’s
vulnerability to things going wrong. They also need to ensure that
if things do go wrong, there are arrangements in place to manage
these.
The Role includes:
·
Reviewing summary internal audit reports and the main issues
arising and seeking assurance that action has been taken where
necessary.
·
Considering the reports of external audit and inspection
agencies.
·
Ensuring that there are effective relationships between external
and internal audit, inspection agencies and other relevant bodies,
and that the value of the audit process is actively promoted.
·
Approving the Council’s accounts.
The
Terms of Reference for this committee can be found in the
Council Constitution.