2016-11-14 General Committee Agenda

SERVICES & ORGANISATION COMMITTEE MEETING AGENDA   8 NOVEMBER 2016




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SERVICES & ORGANISATION COMMITTEE MEETING AGENDA                                  8 NOVEMBER 2016

      COUNCIL POLICY - INTERNAL AUDIT

       Management
      The internal audit function will be guided by the standards of the Institute of Internal Auditors and will
       be active in implementing modern auditing techniques.
      When auditing processes, all auditors will generally adopt a “systems-based auditing” approach,
      which involves the identification of the key controls within each relevant process and an assessment
      of the extent to which each control can be relied upon to ensure the integrity of output from the
       process.
      A comprehensive set of audit working papers shall be prepared during each assignment. The
      working papers shall include planning rationale, process documentation, details of auditing
       procedures, results of testing, discussion records, a report on each process audited and
      correspondence with senior and line management, etc.
      The Executive Manager (on behalf of the Chief Executive Officer) assisted by the Governance
      Advisor will liaise with the internal audit function (contractor) in relation to the conduct of internal
       audits, reporting arrangements and the administration of any contractual arrangements.

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