Agenda item - Global Internal Audit Standards Self- Assessment and Quality Assurance and Improvement Plan

RESOLVED –

That the Audit, Standards, and General Purposes Committee:

1)       Note the self-assessment against the new GIAS and the resulting QAIP.

2)       Approve the updated Internal Audit Charter.

23.1    The committee considered Global Internal Audit Standards (GIAS) Self- Assessment and Quality Assurance and Improvement Plan (QAIP) which set out the results of the Internal Audit Service’s self-assessment against the new Global Internal Audit Standards along with details of any actions arising, as set out with the Service’s ongoing Quality Assurance and Improvement Plan. The Internal Audit Charter has been updated in response to the new Standards and is attached to this report as Appendix 3 for approval.

23.2    Councillors Loughran and West asked questions and contributed to the debate of the report.

23.3    RESOLVED –

That the Audit, Standards, and General Purposes Committee:

1)       Note the self-assessment against the new GIAS and the resulting QAIP.

2)       Approve the updated Internal Audit Charter.