Audit Committee

The purpose of the Audit Committee is to: (a)  provide an independent and high-level focus on the adequacy of governance, risk and control arrangements, giving greater confidence to all those charged with governance that those arrangements are effective (b)  oversee the financial reporting and annual governance processes. (c)  oversee internal audit and external audit, together with the financial and governance reports helping to ensure there are adequate arrangements in place for both internal challenge and public accountability (d)  consider assurance of the Council’s financial and non-financial performance to the extent that it affects the Council’s exposure to risk and weakens the control environment including emphasis on: ·  Governance risks around high level financial strategy and reserves ·  Governance risks connected to asset realisation ·  Governance of Capital Programme and projects ·  Value for Money and Delivering Objectives ·  Governance of linked incorporated bodies (e)  review and advise on proposed and actual changes to the Council’s policies and procedures pertaining to governance.   The Committee is made up of 9 non-executive councillors appointed to reflect the political balance of the Council.