The Internal Audit Consortium Manager advised the committee that the Public Sector Internal Audit Standards require that an external assessment be carried out at least once every five years by a qualified independent assessor. The last assessment took place in the summer of 2016.
It was proposed that the independent assessor would review performance against the Chartered Institute of Public Finance and Accountancy (CIPFA) Public Sector Internal Audit Standards checklist.
A survey had been carried out amongst neighbouring internal audit providers to determine who to approach for quotes. It was noted that the assessor may wish to speak with the section 151 officer, the Chair of the committee and audit staff and a sample of clients.
1. That the Standards and Audit Committee authorise proceeding with the procurement of an external provider to undertake an external assessment of the Internal Audit Consortium and Derbyshire Dales District Council.
2. That the Standards and Audit Committee delegate authority to the Internal Audit Consortium Manager and the Section 151 Officers to agree the specification of the assessment, to assess quotations received based on cost and quality and to appoint an external provider to undertake the assessment.