Is the Audit Committee a committee of the a. Executive Council (EC)? Y Does the Committee follow up b. recommendations of the EC? Y Should be added to TORs; AC Does the Chairperson have open lines of c. Chairperson is communication with the EC? always invited to Y EC sessions EC comments on AC reports; Does the Committee periodically obtain recommendations d. assurance from the Executive Council on the help EC in effectiveness of the Audit Committee? decision-making, Y all acted upon Does the Committee make a formal annual e. report on its own effectiveness to the EC? Y Do the EC agendas include a regular report f. from the Audit Committee? Y Does the Report from the Committee g. communicate recommendations to the EC? Y Are outline agendas, without supporting papers, available to EC members to keep Outline agendas h. them up-to-date with the Audit Committee’s are contained in work? Y the TORs Does the EC receive the Audit Committee i. reports? Y Does the Committee/its Chairperson j. meet with the Secretary-General bilaterally at least once a year? Y 1.2 With Internal Audit Does the Committee/its Chairperson have a. open lines of communication with the Head of Internal Audit? Y But there is Does the Committee periodically invite the regular dialogue b. views of the internal auditor on the work and with IOO who effectiveness of the Audit Committee? attend AC N meetings. Does the Committee/its Chairperson of the Committee meet separately (in closed c. session) with the Head of Internal Audit at least once a year? Y Does the Committee review the internal audit d. plan and audit reports? Y Does the Committee review the scope and e. remit of internal audit in the Organization? Y Does the Committee consider whether the f. of internal audit work addresses significant risks? Y Does the Committee examine all individual g. of reference for internal audit’s work? Y
a. Is the Audit Committee a committee of the Executive Council (EC)? Y b. Does the Committee follow up recommendations of the EC? Y c. Does the Chairperson have open lines of communication with the EC? Y Should be added to TORs; AC Chairperson is always invited to EC sessions d. Does the Committee periodically obtain assurance from the Executive Council on the effectiveness of the Audit Committee? Y EC comments on AC reports; recommendations help EC in decision-making, all acted upon e. Does the Committee make a formal annual report on its own effectiveness to the EC? Y f. Do the EC agendas include a regular report from the Audit Committee? Y g. Does the Report from the Committee communicate recommendations to the EC? Y h. Are outline agendas, without supporting papers, available to EC members to keep them up-to-date with the Audit Committee’s work? Y Outline agendas are contained in the TORs i. Does the EC receive the Audit Committee reports? Y j. Does the Committee/its Chairperson meet with the Secretary-General bilaterally at least once a year? Y 1.2 With Internal Audit a. Does the Committee/its Chairperson have open lines of communication with the Head of Internal Audit? Y b. Does the Committee periodically invite the views of the internal auditor on the work and effectiveness of the Audit Committee? N But there is regular dialogue with IOO who attend AC meetings. c. Does the Committee/its Chairperson of the Committee meet separately (in closed session) with the Head of Internal Audit at least once a year? Y d. Does the Committee review the internal audit plan and audit reports? Y e. Does the Committee review the scope and remit of internal audit in the Organization? Y f. Does the Committee consider whether the of internal audit work addresses significant risks? Y g. Does the Committee examine all individual of reference for internal audit’s work? Y
EC-69-INF16-1(2)-REPORT-AUDIT-COMMITTEE_en.docx