Internal Audit 2025

Compliance with Legal Regulations and NHS Directives The Auditor must comply with the Public Sector Internal Audit Standards (PSIAS), which are based on the mandatory elements of the institute of Internal Auditors (IIA) & International Practices Framework. The Auditor shall comply with the Code of Ethics as set out in the Public Sector Internal Audit Standards. The Auditor shall also have regard to the committee on standards of Public Life’s Seven Principles in Public Life. This can be found at www.public-standards.gov.uk The Auditor shall comply with the Audit Committee Handbook (HfMA 2014) covering the two key roles of internal audit: • The provision of an independent and objective opinion (annual objective opinion) based on an objective assessment of the framework of governance, risk management and control (as outlined in the PSIAS). • The provision of an independent and objective consultancy service specifically to help line management improve the organisations risk management, control and governance arrangements. The Auditor shall comply with the relevant guidelines issued by the Auditing Practice Board of the Consultative Committee of Accounting Bodies (and of the CIPFA/APC/CCAB Auditing Guidelines)