The context within which internal audit operates has seen significant changes over the last three years. The previous Code, published in 2003, has now been updated extensively to ensure that internal audit standards remain consistent with a modern local government setting.
The Code’s requirements are mandatory for all principal local authorities and other relevant bodies subject to the Accounts and Audit Regulations 2003 in England (as amended 2006), the Accounts and Audit Regulations 2005 (Wales), Section 95 of the Local Government (Scotland) Act 1973, and Section 54 of the Local Government Act (Northern Ireland) 1972. Its themes are also relevant to a wider audience, such as police and fire authorities.
The Code is aimed at those who play a part in shaping or managing the internal audit function within their organisations, including:
- Chief Executives
- Responsible Financial Officers and other senior management
- The Audit Committee
- Elected members within local government in the UK, and
- Heads of Internal Audit
For the first time, the Code includes a powerful checklist to allow the performance of internal audit to be measured against the standards contained within the Code. The checklist can be used by Heads of Internal Audit or by those carrying out a review of internal audit.
The revised Code of Practice covers the following areas:
- Scope of Internal Audit
- Independence
- Ethics for Internal Auditors
- Audit Committees
- Relationships
- Staffing, Training and Continuing Professional Development
- Audit Strategy and Planning
- Undertaking Audit Work
- Due Professional Care
- Reporting
- Performance, Quality and Effectiveness
Download foreword and contents:
£60.00 for the first copy, and just £40.00 for second and subsequent copies
£180.00 (excl. VAT) for the PDF
This price includes a free license giving purchasing local authorities copyright waiver so the information contained on the PDF can be shared with all bona fide employees and elected members.
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