Audit Committee

Delegated Powers

To consider and / or determine matters relating to the following:

• Consider Chief Finance Officer’s annual report, opinion and summary of internal audit activity and assurance over the Authority’s corporate governance arrangements
• Consider;
  • specific internal audit reports
  • management and performance reports of internal audit services
  • internal audit report and associated recommendations
  • external auditor’s annual letter and reports and related matters
  • scope and depth of external audit work
  • corporate governance arrangements
  • compliance with Authority or other published standards and controls

• Maintain an overview of the Authority’s constitution in respect of Contract procedure rules, financial regulations and Codes of Conduct
• To review any issue referred to by Chief Executive or Director
• To monitor effective development and operation of risk management and corporate governance
• To monitor Authority’s anti-fraud and anti-corruption strategies
• Recommend the adoption of the statement of Internal Control
• To review annual Statement of Accounts
• Make recommendations as appropriate about service performance issues and the efficient use of resources
• To consider and determine all matters relating to the powers, duties and responsibilities of the Authority in its capacity as designated Best Value Authority