• To fulfil Audit functions the Committee will: 

• Approve (but, not direct) internal audit’s strategy, plan and performance

• Review summary Internal Audit reports and the main issues arising, and seek assurance that action has been taken where necessary.

• Consider the reports of external audit and inspection agencies.

 

• Consider the effectiveness of the Council’s risk management arrangements, the control environment and associated anti-fraud and anti-corruption arrangements. Seek assurances that action is being taken on risk related    issues identified by auditors and inspectors.

 

• Be satisfied that Bassetlaw’s assurance statements, including the Annual Governance Statement, properly reflect the risk environment and any actions required to improve it.

 

• Ensure that there are effective relationships between external and internal audit, inspection agencies and other relevant bodies, and that the value of the audit process is actively promoted.

 

• Review the financial statements, external auditor’s opinion and reports to members, and monitor management action in response to the issues raised by external audit.

 

• Produce an Annual Report to be presented to full Council on its activities during the year and how it discharged its responsibilities.

• To scrutinise the Council’s progress against the objectives set out in the Council’s Corporate Plan.

• To review and operation and effectiveness of the Council’s Performance Management Cycle, Performance Indicators, Efficiency/Value for Money process, Council Budget and allocation of resources and make recommendations thereon to the Cabinet and/or Council.

• To review and scrutinise the performance of the Council in relation to its policy objectives, performance targets and/or particular service areas including budgets and make recommendations to Cabinet and/or the Council arising from the outcome of the scrutiny process.

• To question members of the Cabinet and/or Committees, Directors and senior officers about their decisions and performance, whether generally in comparison with service plans and targets over a period of time, or in relation to particular decisions, initiatives or projects.

• To refer issues for more detailed scrutiny to the Overview & Scrutiny Committee for prioritisation and allocation to a Scrutiny Panel.