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Information about Audit and Finance Committee

The Audit and Finance Committee is a key component of a council’s corporate governance framework. It provides an independent and high-level focus on the audit, risk management, assurance and reporting arrangements that underpin good governance and financial standards.

 

The purpose of the Committee is to provide independent assurance to the council on the adequacy of the risk management framework and the internal control environment. It provides independent review of the governance, risk management and control frameworks and oversees the financial reporting and annual governance processes. It also oversees the work of both the internal and external auditors, helping to ensure that efficient and effective assurance arrangements are in place.

 

The Committee's full terms of reference and delegated functions can be viewed in Part 2, Section E of the Council's constitution.