5 Boroughs Partnership NHS Foundation Trust Annual ... - Monitor

Board Committees
Members who are unable to attend committee meetings receive and review
the relevant papers. Normal practice is for the member to provide the
Chairman with detailed observations prior to the meeting.
Audit Committee
The Audit Committee is responsible for reviewing the establishment and
maintenance of an effective system of integrated governance, risk
management and internal control across the whole of the organisation’s
activities - both clinical and non-clinical - that supports the achievement of the
organisation’s objectives.
It achieves this by:
Reviewing the adequacy of all risk and control-related disclosure
statements, together with any accompanying Head of Internal Audit
statements, External Audit opinion or other appropriate independent
assurances, prior to endorsement by the Board
Ensuring that there is an effective Internal Audit function that provides
independent assurance to the Audit Committee, Chief Executive and the
Board
Reviewing the work and findings of the External Auditor
Reviewing the findings of other significant assurance functions both
internal and external to the organisation and considering the implications
to the governance of the organisation
Reviewing the work of other committees within the organisation whose
work can provide relevant assurance to the Audit Committee’s own scope
of work
Requesting and reviewing reports and positive assurances from Directors
and managers on the overall arrangements for integrated governance, risk
management and internal control
Reviewing the Annual Report and Financial Statements before submission
to the Board
Ensuring that the systems for financial reporting to the Board, including
those of budgetary control, are subject to review as to completeness and
accuracy of the information provided to the Board.
Brian Marshall is Chairman of the Audit Committee. Full membership and
details of attendance at meetings is disclosed in the table below. Where
committee members were not eligible to attend due to their start/leaving date,
this is indicated with N/A (Not Applicable):
Committee
Member
Dr Colin Dale –
Non-Executive
Director
16
17/05/
11
24/05/
11
19/07/
11
20/09/
11
Annual Report and Annual Accounts 2011-12
22/11/
11
21/02/
12
X