Issue - meetings

Report by Chief Internal Auditor

The Audit Committee undertook a self assessment day on 22 February 2013.  The day was used to establish how to further develop the Audit Committee purpose, role and remit.  In addition the Audit Committee discussed their Development Programme and Terms of Reference.  The Committee was addressed by Grant Thornton and the Chartered Institute of Public Finance & Accountancy (CIPFA) on key activities for an Audit Committee.  A report covering the day’s activities was before the Committee for consideration.

Decision

1.        Noted the contents of the report which will be followed up by Internal Audit; and

2.        Noted that the draft Terms of Reference for the Audit Committee will be brought to the June Committee for consideration.

(Reference: Report by Chief Internal Auditor dated 26 February 2013, submitted)