Review of the Audit Committee Effectiveness

February 21, 2025 Audit Committee (Committee) Approved View on council website

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Summary

...to undertake a self-assessment of the Audit Committee's effectiveness against CIPFA's good practice guidance, with the results informing future annual reporting to Full Council.

Full council record
Content

RESOLVED
that:
 
1. That
the Committee acknowledges the content of the Chartered Institute
of Public Finance & Accountancy (CIPFA) Position Statement:
Audit Committees in Local Authorities and Police 2022 and
CIPFA’s Audit Committee Arrangement: Self-Assessment of Good
Practice document.
 
2. That
the Committee considers and endorses that a self-assessment of the
Audit Committee’s effectiveness against the good practice
guidance recommended by CIPFA be undertaken (details of the
self-assessment is attached as Appendices 1 and 2 to the
report).
 
3. That
the Committee agrees that the outcome of the self-assessment
undertaken will form the basis of the future annual reporting from
Audit Committee, compiled by the Chairman of Audit Committee and
supported by the Chief Internal Auditor, which will be included in
the Audit Committee Annual report presented to Full
Council.
 

Related Meeting

Audit Committee - Friday, 21st February, 2025 10.00 am on February 21, 2025

Supporting Documents

Review of the Audit Committee Effectiveness.pdf
Review of the Audit Committee Effectiveness - Appendix 1.pdf
Review of the Audit Committee Effectiveness - Appendix 2.pdf

Details

OutcomeRecommendations Approved
Decision date21 Feb 2025