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23 January 2017
Audit and Scrutiny Committee
Budget Scrutiny Panel Feedback
Report of:John Chance, Finance Director (Section 151 Officer)Wards Affected:This report is:Public1. Executive Summary1.1Effective
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Audit and scrutiny committee is a group of individuals within an organization responsible for overseeing financial reporting and internal controls.
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Publicly listed companies are typically required to have an audit and scrutiny committee.
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Audit and scrutiny committee members should review financial documents, internal controls, and meet regularly to discuss findings.
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The purpose of audit and scrutiny committee is to provide oversight of financial reporting and internal controls to ensure accuracy and compliance.
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Information reported on audit and scrutiny committee typically includes financial statements, internal control assessments, and audit findings.
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