Decision details

Review of Effectiveness of Internal Audit

Decision Maker: Audit Committee

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: No

Purpose:

To provide the Audit Committee with assurance following a review of the effectiveness of the Council’s system of Internal Audit.

Decisions:

The Finance Lead Specialist (Section 151 Officer) presented the Review of Effectiveness of Internal Audit which provided the Committee with assurance to enable it to endorse the view that the Council has an effective system of Internal Audit.

 

The Accounts and Audit Regulations 2015 include 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 is a key element of 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 2019/20; and

·         Performance Indicators.

 

The Finance Lead Specialist (Section 151 Officer) informed Members that the public sector based assessment had identified that Internal Audit complied with all of the professional standards.

 

No Member having raised any concern when asked by the Chairman, it was

 

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: Helen Smith

Publication date: 10/05/2021

Date of decision: 22/04/2021

Decided at meeting: 22/04/2021 - Audit Committee

Accompanying Documents: