Issue - meetings

As part of the requirement to comply with the Accounts & Audit Regulations 2015, best practice suggests that an annual review of the effectiveness of the Audit & Regulatory Committee should be undertaken.  It was noted that this review has not been undertaken for several years following the pandemic and subsequent changes to the Committee’s membership.

Paragraph 6.5 of the report set out the results of the recent self-assessment  to identify and evaluate the overall knowledge and skills of the current members of the Committee.  Seven areas have been identified as priorities for training and will be included in the development programme.

RESOLVED:

1.    That the Chair be nominated to complete the self-assessment checklist (Appendix 1) and the assessment tool (Appendix 2) in conjunction with the Head of Audit and Executive Director (Resources);

2.    That the outcome of the self-assessment and the development of a training programme that includes the seven priority areas for development (Appendix 3) be approved; and

3.    The review of the Committee’s Terms of Reference against the current CIPFA guidance with a view to presenting an updated version for consideration at its next meeting be noted.