Reed Village
The website of Reed Parish Council
Reed Parish Council
Internal Audit Procedure
Reviewed 1 July 2020
As part of our Statement of Assurance, the Parish Council has to
undertake a review of the effectiveness of the Internal Audit
Procedure.
This involves:
•
The Internal Audit sufficiently covers all aspects of the financial
controls of the Parish Council.
•
The Internal Auditor is independent and competent and
undertakes the audit with integrity and objectivity.
•
The responsibilities of the members of the Council are
understood and training undertaken if necessary
•
A plan is in place for when the Internal Audit takes place and
takes account of the risks.
Currently, the Internal Audit is undertaken by Mr P McMeekin.
All financial records are checked, invoices against cheques. Assets
checked, VAT accounted for, periodic bank reconciliations completed
and Year End Accounts prepared.