Agenda item

The Head of Internal Audit, Anti-Fraud and Assurance submitted a report prefacing the Internal Audi Charter 2021-2024 which had been prepared in accordance with the Public Sector Internal Audit Standards (PSIAS) and which provided a reminder of the key aspects of the Internal Audit Function and gave assurance regarding how the Internal Audit Function was resourced, managed, organised and delivered its responsibilities.

It was reported that the Charter had been reviewed by the assessor who was undertaking the external quality assessment which was commencing next week.  He had commented that this was an exemplar Charter and he had been given permission to use it when asked by other Internal Audit Teams what a good Charter looked like.  The Head of Internal Audit, Anti-Fraud and Assurance was, therefore, satisfied that the requirements of the PSIAS had been met.

The Charter remained largely unchanged from the previous version with the exception of a few minor adjustments.  It had been written in a generic manner and would be shared with other client organisations following this meeting.

RESOLVED that, being satisfied that Charter meets the requirements of the Public Sector Internal Audit Standards and adequately represents and describes the required function to provide this Committee and Senior Management with a professional service, the Internal Audit Charter, be approved.