Issue - meetings

This report sets out a proposed change to the Audit Committee’s terms of reference.

Discussion:

This report provided details of a proposed change to the Audit Committee’s terms of reference, with regard to adding a reference to monitor the effectiveness of internal audit. The Audit Committee considered this report on 17 July 2014 and recommended to Full Council to agree the revised terms of reference as set out in the report.

The Chairman of the Audit Committee, Councillor Mackinlay, supported by the Leader of the Council, Councillor Rodney Chambers OBE, proposed the recommendation as set out in the report.  

Decision:

The Council agreed the revised terms of reference for the Audit Committee, as set out in Appendix A to the report.

To consider whether any changes are required to this committee’s Terms of

Reference. 

Discussion:

The Audit Services Manager introduced a report on a review of the Committee’s terms of reference. It was noted that it was practice for the Committee to annually review the terms of reference to see whether any amendments were needed. It was reported that the only proposed change was to clarify the role of Audit Committee in monitoring the effectiveness of internal audit, which was in accordance with the Accounts and Audit Regulations.

The proposed change was shown in Appendix A to the report.

Decisions:

a)     The Audit Committee noted the Committee’s current terms of reference and confirmed that they, including the proposed revision, meet current and expected future needs.

b)     The Audit Committee recommended to Council the proposed amendment to the Committee’s terms of reference, as set out in Appendix A to the report.