Agenda item

The Committee noted a report of the Chief Internal Auditor and Corporate Fraud Manager about the Annual Review of the System of Internal Audit for 2013/2014 (for copy see file of Minutes).

The Chief Internal Auditor and Corporate Fraud Manager reported that the assessment of ensuring that an effective internal control system is in place has been completed and that a self-assessment against the key elements of the Public Sector Internal Audit Standards (PSIAS) has been carried out.  The Action Plan sets out that auditors will be rotated on a regular basis, whilst maintaining client relationships and knowledge.

The Corporate Director, Resources referred to the personal development of auditors and gave assurance to the Committee that the budget for retaining and improving the skills set for auditors will be maintained for as long as possible.

Resolved:-

(i)           That the findings and conclusions of the 2013/2014 review of the effectiveness of the system of Internal Audit contained within this report, be noted.

(ii)       That the Service Improvement Plan for Internal Audit as a result of this assessment detailed in Appendix 2, be noted.