Committee details

Audit Committee

Purpose of committee

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.

Membership

Contact information

Support officer: Megan Tuckwell. Email: democratic.services@iow.gov.uk

Postal address:
County Hall
High Street
Newport
Isle of Wight
PO30 1UD

Phone: 01983 821000

Email: democratic.services@iow.gov.uk

Web site: www.iwight.com