Decision

Review of the Audit Committee Effectiveness

Decision Maker: Audit Committee

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: No

Date of Decision: February 21, 2025

Purpose:

Content: RESOLVED that:   1. That the Committee acknowledges the content of the Chartered Institute of Public Finance & Accountancy (CIPFA) Position Statement: Audit Committees in Local Authorities and Police 2022 and CIPFA’s Audit Committee Arrangement: Self-Assessment of Good Practice document.   2. That the Committee considers and endorses that a self-assessment of the Audit Committee’s effectiveness against the good practice guidance recommended by CIPFA be undertaken (details of the self-assessment is attached as Appendices 1 and 2 to the report).   3. That the Committee agrees that the outcome of the self-assessment undertaken will form the basis of the future annual reporting from Audit Committee, compiled by the Chairman of Audit Committee and supported by the Chief Internal Auditor, which will be included in the Audit Committee Annual report presented to Full Council.  

Supporting Documents

Review of the Audit Committee Effectiveness.pdf
Review of the Audit Committee Effectiveness - Appendix 1.pdf
Review of the Audit Committee Effectiveness - Appendix 2.pdf

Related Meeting

Audit Committee - Friday, 21st February, 2025 10.00 am on February 21, 2025