The Audit and Governance Committee is a
specialised forum, which supports and monitors the governance and
accountability arrangements of the Council. The areas that the
Committee looks at include internal controls, risk management, and
counter fraud arrangements. The Committee helps the Council to
fulfil responsibilities for accountability to the local community,
and meet the expectations of partners, regulators, and other
stakeholders. Audit committees do not have decision making powers
but do have responsibility for approving the Council’s annual
statement of accounts. Audit committees do not have powers to make
recommendations like scrutiny committees but may “raise
issues” with Cabinet or Council.