Audit & Risk Committee
TERMS OF REFERENCE FOR DUNGANNON AND SOUTH TYRONE BOROUGH COUNCIL'S AUDIT AND RISK COMMITTEE
Audit Activity
- To consider the internal audit's annual report and opinion, and a summary of internal audit activity (actual and proposed) and the level of assurance it can give over the Council's corporate governance arrangements.
- To consider summaries of specific internal audit reports as requested.
- To consider reports dealing with the management and performance of the providers of internal audit services.
- To consider a report from internal audit on agreed recommendations not implemented within a reasonable timescale.
- To consider the Local Government Auditor's annual letter, relevant reports and the report to those charged with governance.
- To consider specific reports as agreed with the Local Government Auditor/Internal Auditor.
- To comment on the scope and depth of audit work and to ensure that it gives value for money.
- To commission work from internal and external audit.
Regulatory Framework
- To maintain an overview of the Council's policies and procedures in respect of contract procedure rules, financial regulations and codes of conduct and behaviour.
- To review any issue referred to it by the Chief Executive or a Director, or any Council body.
- To monitor the effective development and operation of risk management and corporate governance in the Council.
- To monitor Council policies on 'Raising Concerns at Work' and the anti-fraud and anti-corruption strategy and the Council's complaints process.
- To oversee the production of the Council's arrangements for corporate governance and agreeing necessary actions to ensure compliance with best practice.
- To consider the Council's compliance with its own and other published standards and controls.
Accounts
- To review the annual statement of accounts. Specifically, to consider whether appropriate accounting policies have been followed and whether there are concerns arising from the financial statements of from the audit that need to be brought to the attentions of the Council.
- To consider the Local Government Auditor's report to those charged with governance on issues arising from the audit of the accounts.
Raising a Concern at Work (Whistleblowing Policy)
The raising a concern at work or whistleblowing policy, is available on the Council's Y Drive. Click on Council's Y drive, go to the Public Folder file, go to Council Policies, go to HR policies file, go to disputes and complaints, and locate Whistleblowing policy. Hard copy files of all current HR policies are available at every Council location.
Risk Management Policy and Strategy
The Risk Management Policy and Strategy is available on the Council's Y drive. Click on Council's Y drive, go to the Public Folder file, go to Council Policies, go to Risk Registers file, and locate Risk Management Policy and Strategy.
