Internal audit

The Chief Executive as Accountable Officer will:

• work with the SG’s Internal Audit and Assurance Directorate in accordance with the Internal Audit section of the SPFM [or] establish and maintain arrangements for internal audit in accordance with the Public Sector Internal Audit Standards and the Internal Audit section of the SPFM
• set up an Audit Committee, chaired by a non-executive (who may be one of the non-executive advisers described above) and with at least one member who has significant financial experience, in accordance with the Audit Committee’s section of the SPFM, and pay careful attention to the Audit Committee’s advice
• ensure the Portfolio AO receives, promptly after they are produced or updated,: the audit charter, strategy, periodic audit plans and annual audit assurance report, including the Head of Internal Audit opinion on risk management, control and governance – and provide any other relevant audit reports as requested by the Portfolio AO
• keep records of, and prepare and forward promptly to the SG Governance and Risk Branch, an annual report on fraud and theft suffered by the NSWA and notify the Portfolio AO immediately of any unusual or major incidents

Where internal audit services are provided by the Scottish Government Internal Audit and Assurance Directorate, the NSWA will cooperate fully and provide access to relevant information as required. The parameters for such access and information sharing will be set out in an agreed engagement document.