507 CIPFA Position statement – Appointment of Co-Opted Independent Members PDF 105 KB
Report of Director of Resources
enclosed.
Minutes:
The Director of Resources submitted a report providing further information relating to the role and function of co-opted members.
Members were reminded that at their last meeting a summary of the Chartered Institute of Public Finance and Accountancy (CIPFA) Position Statement : Audit Committees in Local Authorities and Police 2022 had been presented and further information had been requested.
The report went on to outline the role and function of co-opted members and the proposed responsibilities in relation to this committee. The co-option of an independent member would help bring additional knowledge and expertise, but the member would not have any voting rights.
Should this introduction be made, it would require a change to the governance arrangements within the Constitution, consideration of remuneration, length of term and the recruitment process.
A report for decision would be brought to a future meeting.