Audit

This committee keeps under review and advises on matters relating to the internal and external audit of the Authority. It also provides an opinion on the effectiveness of the monitoring processes and whether reliance can be placed upon all internal control systems.

The next meeting for Audit is on Tuesday 20 March 2012

This committee monitors and reviews the following:

  • Performance against the Medium Term Financial Strategy
  • The effectiveness of financial management, internal business processes and control systems
  • The performance, effectiveness of and results from the Authority’s audit arrangements, both internal and external
  • The implementation of agreed audit-based recommendations from any management letters received from internal or external auditors
  • The accounting policies, and the accounts, including the process for review of the accounts prior to submission for audit, levels of error identified, and management’s letter of representation to the external auditors.
  • The Force’s plan for risk management, business continuity (including disaster recovery) and the strategic processes for risk, control and governance and the Statement on Internal Control
  • The corporate governance requirements for the Authority

This committee decides upon

  • The planned activity for internal audit, including the arrangements for and the appointment of the Authority’s internal Auditors
  • The annual Audit Plan
  • A programme of Member training and development to satisfy corporate governance guidelines
  • The Force’s policies on fraud, irregularity and corruption, and to monitor the effectiveness of such policies