Issue - meetings

ARMC ANNUAL SELF ASSESSMENT 2023

Meeting: 15/01/2024 - Audit and Risk Management Committee (Item 41)

41 ARMC ANNUAL SELF ASSESSMENT 2023 pdf icon PDF 223 KB

Additional documents:

Minutes:

The Chief Internal Auditor presented his report which provided the Annual Self-Assessment for 2023. In line with best professional practice the Self-Assessment exercise had been completed, which reported an evaluation of the Committee’s role and effectiveness as part of the systems of internal audit. A number of key actions had been identified following the exercise to improve and develop the Committee going forward.

 

Members discussed the action plan within the report, and queried how Committee Members would be assessed against the CIPFA Core Knowledge and Skills Framework. The Chief Internal Auditor confirmed that a survey in line with this framework would be circulated to Members which would inform future training and development. Members also discussed how a system of obtaining feedback from stakeholders on the performance of the Committee could be developed, alongside challenges relating to recruitment of an additional Independent Member on the Committee.

 

Resolved – That the Self-Assessment checklist of compliance and the action plan be approved.