Issue - meetings

Review of Effectiveness of Audit Committee - Grant Thornton

Meeting: 06/01/2016 - Audit Committee (Item 12)

12 Review of Effectiveness of Audit Committee - Grant Thornton pdf icon PDF 60 KB

To consider a report of the Corporate Director for Corporate and Support Services.

 

The report sets out the findings of recent research into the effectiveness of Audit Committees in a range of corporate, public and not for profit organisations, undertaken by Grant Thornton, the Council’s external auditors.

The Audit Committee is asked to note the contents of the report. 

 

Officer Contact: John Pearsall on Tel: 0161 474 4033 or email: john.pearsall@stockport.gov.uk.

Additional documents:

Minutes:

A representative of the Corporate Director for Corporate and Support Services submitted a report (copies of which had been circulated) setting out the findings of recent research into the effectiveness of Audit Committees in a range of corporate, public and not for profit organisations, undertaken by Grant Thornton, the Council’s external auditors.

 

The following comments were made/issues raised:-

 

·         Continuity of Audit Committee membership was an aspiration;

·         There still remained a need for a certain degree of turnover in the membership of the Committee as newcomers could often provide an alternative perspective.

 

RESOLVED – That the report be noted.