Scalby Learning Trust Audit Committee Terms of Reference Constitution The Trustees of Scalby Learning Trust (the hereby resolves to establish a committee Trust) of the Trust Board to be known as the Audit Committee (the Committee). Membership The Committee shall have a minimum of three members and a maximum of five members. A majority of Committee members must be Trustees of the Trust Board. 2.2 The Committee’s current members are: 2.2.1 Peter Noble 2.2.2 Stephanie Hartley 2.2.3 John Armistead 2.2.4 ANO 2.2.5 ANO No paid member of staff can be appointed as a member of the Committee. Subject to paragraph 2.5, the Committee at the first meeting of each academic year elect a chair of the Committee (the Chair). The Committee will elect a temporary replacement from among the members present at the meeting in the absence of the Chair. Administrative Support will be provided by the to the Trustee Board or her deputy The agenda for meetings will be agreed in advance by the Chair of the Audit Committee (based on, but not limited to, a pre-agreed annual schedule of activity) and papers will be circulated to members and attendees at least 5 working days in advance of the meeting. Minutes of meetings will be taken and will be submitted in the next scheduled meeting of the Board once approved in draft by the Chair of the Audit Committee. The Committee may invite attendance at meetings from persons who are not Trustees or Committee members to assist or advise on a particular matter or range of issues. Such persons may speak with the permission of the Chair but shall not be entitled to vote. Duties The duties of the Audit Committee are to: Advise the Board and Accounting Officer on the adequacy and effectiveness of the Trust’s governance, risk management, internal control and value for money systems and frameworks. Produce an annual report in respect of the above Advise the Board on the appointment, re-appointment, dismissal and remuneration of the external auditor.
Scalby Learning Trust Audit Committee Terms of Reference Constitution The Trustees of Scalby Learning Trust (the Trust) hereby resolves to establish a committee of the Trust Board to be known as the Audit Committee (the Committee). Membership The Committee shall have a minimum of three members and a maximum of five members. A majority of Committee members must be Trustees of the Trust Board. 2.2 The Committee’s current members are: 2.2.1 Peter Noble 2.2.2 Stephanie Hartley 2.2.3 John Armistead 2.2.4 ANO 2.2.5 ANO No paid member of staff can be appointed as a member of the Committee. Subject to paragraph 2.5, the Committee at the first meeting of each academic year elect a chair of the Committee (the Chair). The Committee will elect a temporary replacement from among the members present at the meeting in the absence of the Chair. Administrative Support will be provided by the to the Trustee Board or her deputy The agenda for meetings will be agreed in advance by the Chair of the Audit Committee (based on, but not limited to, a pre-agreed annual schedule of activity) and papers will be circulated to members and attendees at least 5 working days in advance of the meeting. Minutes of meetings will be taken and will be submitted in the next scheduled meeting of the Board once approved in draft by the Chair of the Audit Committee. The Committee may invite attendance at meetings from persons who are not Trustees or Committee members to assist or advise on a particular matter or range of issues. Such persons may speak with the permission of the Chair but shall not be entitled to vote. Duties The duties of the Audit Committee are to: Advise the Board and Accounting Officer on the adequacy and effectiveness of the Trust’s governance, risk management, internal control and value for money systems and frameworks. Produce an annual report in respect of the above Advise the Board on the appointment, re-appointment, dismissal and remuneration of the external auditor.