Issue - meetings

To receive the update report on Internal Audit Activity and the Internal Audit Charter 2023/2024.

The Principal Auditor provided the Committee with an update on the progress made against the 2022/23 Internal Audit Plan and information on the recent work of Internal Audit.

Members heard that there had been six audit reports produced in this time–period; each time there had been improvements in the grading when follow-ups had been completed. There were an additional 14 audits underway, this had not changed since the last report to the Committee.

During the discussion Members requested that areas of higher financial risk be identified in a more clear way for the lay person. The Audit & Governance Lead Manager noted that level of risk was indicated in the report and if there were any areas of greater concern financially, they would be disclosed to the Committee.

The Principal Auditor advised Members that the Terms of Reference required the Audit Committee to approve the Internal Audit Charter on an annual basis. Members noted that no changes had been made to the Charter since it was last approved.

RESOLVED - that:

a.    the information contained in the report be noted by the Committee; and

b.    the Internal Audit Charter 2023/24 be approved by the Committee