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Audit and Governance Committee

This page lists the meetings for Audit and Governance Committee.


Information about Audit and Governance Committee

Part 3B Paragraph 2.7 of the Constitution


Role and Function


2.7.9   The Audit and Governance Committee will be responsible for:


External Audit Activity:            To receive and comment on the external audit plan;            To consider the external auditor’s annual letter, relevant reports, and the report to those charged with governance;            To monitor accounting policies and any changes made during the year;            To comment on the scope and depth of external audit work and to ensure it gives value for money;            To monitor the implementation of management actions arising from external audit work.


Internal Audit Activity:            To approve the terms of reference and strategy for internal audit, and the annual internal audit plan and subsequent changes thereto;            To monitor and review the effectiveness of internal audit to ensure compliance with statutory requirements;            To consider the annual report, opinion, and summary on internal audit activity and the level of assurance it provides on the Council’s corporate governance arrangements;            To consider specific internal audit reports as requested, and receive details where it is proposed not to accept internal audit recommendations, and monitor the implementation of agreed management actions.


Regulatory Framework:          To monitor and review the effective development and operation of corporate governance, risk and performance management and internal control, and to receive progress reports as required;          To oversee the process for production of the annual governance statement (AGS), to review the supporting evidence including the arrangements for governance of partnership working, and to approve the AGS;          To monitor the development and implementation of the Council’s anti-fraud, bribery and corruption policy, anti-money laundering policy, and anti-tax evasion policy,


Financial Management and Accounts:          To ensure the Council’s arrangements for financial management are adequate and effective, and, together with its accounting policies, are regularly reviewed;          To review and approve the annual statement of accounts;          To consider the external auditor’s report to those charged with governance on issues arising from the audit of the accounts.