Issue - meetings

This report introduces the Internal Audit Plan and Charter for 2022-2023.

This report introduces the Internal Audit Plan and Charter for 2022-2023.

The following matters were considered by the Committee:

a)            Value for Money Improvements: a member sought clarity on whether or not it was part of the remit of the internal auditors, to assist EEBC in identifying these.  The internal auditor pointed out that part of their work was to look for duplications or inefficiencies, and to highlight these to management.  Observations are also made by the internal auditors under the heading “Added Value” in the audit report.  Management may wish to consider these observations.

b)            Amount of Plan Days: the internal auditor remarked that year on year, the amount of plan days had been kept consistent at 199 days.  If additional work is needed, this will be done at no additional charge to EEBC, including the identification of any additional risks that would need reviewing.

Following consideration, it was resolved to:

(1)      endorse the Internal Audit Plan 2022-2023 as set out at Appendix 1 to the report.

(2)      approve the Internal Audit Charter 2022-2023 as set out in Appendix 2 to the report.