Agenda item

The Head of Internal Audit, Anti-Fraud and Assurance submitted a report prefacing the Internal Audit 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, once approved, would be presented to the Audit Committees of the other client organisations.

The Charter had been reviewed by the assessor as part of the External Audit Quality Assessment reported to Committee in September, 2021.  It had been held up as an exemplar particularly for an Internal Audit function supporting numerous clients and as such the Charter remained representative of how the Internal Audit Service operated and, therefore, no changes had been made.

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.