Issue - meetings

To receive the report on the Audit Committee Terms of Reference.

The Audit & Governance Lead Manager presented the review of the Audit Committee Terms of Reference.

There was a requirement in the Council’s Constitution that all Committees undertake an annual review of their terms of reference at the first meeting following annual Council.

The terms of reference needed to support the varied remit of the Committee which included good governance, the internal and external audit function, risk management, statement of accounts, treasury management function, complaints and fraud.

A review of the Committee’s effectiveness was undertaken annually, but given the number of new members on the Committee it was asked, with agreement from the Committee that this be deferred until 2024.

A question was asked as to whether there were any legislative changes the Committee should be aware of.

The Audit & Governance Lead Manager confirmed that an exercise was undertaken during the last municipal year which looked at best practice and benchmarking against similar sized councils particularly concentrating on sustainability, climate and risk partnerships.  This would be continually kept under review.

Upon being put to the vote it was, unanimously:

RESOLVED to RECOMMEND TO FULL COUNCIL that the Terms of Reference (as contained in Appendix A of the report) be adopted.