Agenda item

6.1

The Senior Finance Manager (Internal Audit) introduced a report presenting and communicating to Members of the Committee the outcomes of the peer review performed by Leeds City Council Internal Audit Service to assess compliance with the Public Sector Internal Audit Standards (PSIAS).

6.2

The conclusion of the review was that the Internal Audit Service generally conformed with the requirements of the Public Sector Internal Audit Standards and that we had the relevant structures in place in order to comply. This was the highest standard of assessment which could be given. A number of areas had been identified for improvement and Internal Audit had agreed with all the recommendations.

6.3

Resolved: That the Committee:-

(a)

notes the outcomes of the peer review produced by Leeds Internal Audit Service; and

(b)

approves the revised Internal Audit Charter, appended to the report.