Internal Audit Charter 20 Jul 2010.rtf
Fbeck
INTERNAL AUDIT CHARTER Amendment List Council Resolution Date Committee Reference and Date Resolution no. 29 October 1997 Corporate Service Committee – 22 October 1997 51‐03 16 February 2000 Audit Committee – 28 January 2000 2 27 April 2000 Finance and Special Purposes Committee – 18 April 2000 43‐04 27 January 2005 City Management and Finance No. 2005 (01) –18 43.07 January 2005 11 May 2005 City Management and Finance Committee No. 2005 (05) – 4 May 43.07 2005 27 May 2008 Audit Committee No. 2008(01) of 14 May 2008; City Management 8, 7 and Finance Committee No.2008 (02) of 20 May 2008 20 July 2010 City Management and Finance Committee No. 2010 (07) of 13 July 6 2010 Page 1 of 9 Contents 1. INTRODUCTION.............................................................................................................................3 2. THE ROLE AND PURPOSE OF INTERNAL AUDIT.............................................................................3 3. INDEPENDENCE AND THE POSITION OF INTERNAL AUDIT BRANCH WITHIN COUNCIL................4 4. AUTHORITY....................................................................................................................................4 5. RELATIONSHIP TO EXTERNAL AUDIT.............................................................................................5 6. SCOPE OF INTERNAL AUDIT ACTIVITIES............. ...