Report of the Director of Finance (s151 Officer)

The subject of the decision:

The Director of Finance (s151 Officer) presented a report following a review of the Committee’s Terms of Reference.

Alternative options considered:

None.

The reason for the decision:

To fulfil the Audit Commission’s good practice requirement to the annual review and incorporate the audit terms of reference suggested by CIPFA.

THE DECISION:

That the Committee approves and recommends to Council that:

(1)     the annual review of the Audit, Governance and Standards Committee’s terms of reference be noted; and

(2)     the terms of reference for the Audit, Governance and Standards Committee as set out in Annex A of the report be approved.

Report of the Head of Finance (s151 Officer)

The subject of the decision:

The Head of Service Finance (s151 Officer) presented a report following a review of the Committee’s terms of reference.

Alternative options considered:

None.

The reason for the decision:

To fulfil the Audit Commission’s good practice requirement to the annual review and incorporate the audit terms of reference suggested by CIPFA.

THE DECISION:

That Council be recommended to:

(1)     note the annual review of the Audit, Governance and Standards Committee’s terms of reference; and

(2)     approve the terms of reference for the Audit, Governance and Standards Committee as set out in Annex A of the report and the Constitution be amended accordingly.