Decision Maker: Audit Committee
Decision status: For Determination
Is Key decision?: No
Is subject to call in?: No
The annual review of the effectiveness of
internal audit; it is good practice to carry out a regular review
and report the results to Audit Committee.
The Finance Lead Specialist (Section 151 Officer) presented a report which provided the Committee with assurance to enable it to endorse the view that the Council has an effective system of Internal Audit.
The Council’s internal audit service was provided by TIAA Ltd under a contract which had commenced on 1 April 2016.
The Accounts and Audit Regulations 2015 included a requirement for the Council to conduct a review of the effectiveness of its system of internal control at least once a year. The internal audit function was a key element of that internal control. For the purposes of the review, the areas of assurance which had been relied upon were as follows:-
• Public Sector Internal Audit Standards;
• Audit Charter;
• Head of Internal Audit Opinion – 2018/19; and
• Performance Indicators.
A checklist based on the CIPFA Statement on the Role of the Head of Internal Audit 2010 was attached at Appendix 1 to the report, together with self-assessment of compliance; all responses regarding conformance were positive.
RESOLVED – That the conclusion that the Council has an effective system of internal audit in place that complies with the principles of the Public Sector Internal Audit Standards be endorsed.
Report author: Claire Read
Publication date: 01/10/2019
Date of decision: 19/09/2019
Decided at meeting: 19/09/2019 - Audit Committee