The Audit Committee is an advisory body that provides the Full Council with an independent overview of the council's governance, risk management, and internal control systems. It reviews the council's corporate governance, monitors risk management and internal controls, and considers reports on financial management and value for money. The committee also oversees both internal and external audits, reviewing audit plans, reports, and the effectiveness of audit functions. It ensures that financial and governance reporting meets statutory requirements and professional standards, and it reports its findings and recommendations to those charged with governance and to the Full Council.