Issue - meetings

Briefing on CIPFA Publication - Internal Audit Untapped Potential

Meeting: 26/07/2022 - Audit & Corporate Overview Scrutiny Committee (Item 21)

21 Briefing on CIPFA Publication - Internal Audit Untapped Potential pdf icon PDF 412 KB

Additional documents:

Minutes:

Committee considered a report which informed Members of a recent CIPFA publication in relation to internal audit.

 

The Head of the Internal Audit Consortium reported that CIPFA had recently conducted a survey in respect of internal audit and the results were reflected in their publication entitled, “Internal Audit Untapped Potential”.  A copy of the publication was appended to the report for Members information.

 

The publication promoted the importance of internal audit and the benefit that it could bring to organisations in terms of managing risks and improving the governance control framework.

 

The report was valuable in that it highlighted what made an effective internal audit service, what the current impact of internal audit was, and how it could become more effective. 

 

Moved by Councillor Tom Munro and seconded by Councillor Peter Roberts

RESOLVED that the report be noted.