Public Sector Internal Audit Standards and Audit Charter
Meeting: 27/09/2013 - Audit and Governance Committee (Item 23)
23 Public Sector Internal Audit Standards and Audit Charter 
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To note the report and that the Charter will be submitted to the Committee for approval in November.
Additional documents:
Minutes:
The Committee considered a draft Internal Audit Charter, which was proposed to form the basis of the Cheshire East Internal Audit Charter.
The Public Sector Internal Audit Standards state that the purpose, authority and responsibility of internal audit must be formally defined in an Internal Audit Charter. The Charter established Internal Audit’s position within the organisation, including the nature of functional and administrative reporting, authorised access to records, personnel and physical properties relevant to the performance of engagements, and defined the scope of Internal Audit activities.
The proposed Internal Audit Charter was based on the Institute of Internal Auditors Model Internal Audit Activity Charter.
The finalised Internal Audit Charter would be presented to Committee in November 2013 for final approval.
RESOLVED: That
(1) the report be noted; and
(2) the draft Internal Audit Charter form the basis of the Cheshire East Internal Audit Charter to be finalised for approval by the Committee at its meeting in November 2013.