Committees
| Audit Committee Terms of Reference To monitor and make recommendations as to the adequacy of all plans, processes and practices required to ensure compliance with relevant legislation, guidance, standards and codes, whether external or internal and maintenance of best practice on Corporate Governance. To keep under review the adequacy and effectiveness of the internal controls systems and structures including management, financial and operational. To ensure arrangements are in place for the prevention and detection of fraud and corruption. To manage the relationship with the External Auditor. To consider the External Auditor's annual plan before the commencement of the audit. To consider and discuss with the External Auditors the annual management letter and other reports issued by the Audit Commission and District Auditor, and particularly, any issues relating to fraud, corruption and irregularities, the response of management and take action/make any recommendations to the Police Authority. To monitor the implementation of recommendations. To recommend the appointment of the Internal Auditors and maintain an adequate and effective internal audit service. To consider the internal audit annual plan before the commencement of the audit. To consider and discuss with the Internal Auditors their Annual Report, other reports of a significant nature, and particularly any issues relating to fraud, corruption and irregularities, the response of management and take action/make any recommendations to the Police Authority. To monitor the implementation of recommendations. To monitor the performance of the auditors and the effectiveness of the audit process. To oversee the Authority’s Risk Management Policy.
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