That the Internal Audit Charter (March 2020) be approved.

The Internal Audit Strategy supports the aims and objectives of the Audit Charter ensuring compliance with The Accounts and Audit (England) Regulations 2015 and Section 151 of the Local Government Act 1972.

No alternative options were considered.

This decision will be implemented immediately.

The Public Sector Internal Auditing Standards (PSIAS) refers to the role of Chief Audit Executive and requires that officer to ensure and deliver a number of key elements to support the internal audit arrangements.  For Torbay Council the role of Chief Audit executive is provided by the Head of the Devon Audit Partnership.  The PSIAS require the Head of the Devon Audit Partnership to produce an Audit Charter setting out audits purpose, authority and responsibility, this is delivered through the Audit Strategy.

The Internal Audit Strategy is a high-level statement of how the internal audit service will be delivered and developed in accordance with the Charter and how it links to the organisational objectives and priorities.  The Internal Audit Strategy also communicates the contribution that Internal Audit makes to the organisation.

None.