The Audit Committee of London City Council serves as an independent oversight body responsible for ensuring the integrity of the city’s financial reporting, internal controls, and governance processes. As a key component of municipal accountability, this committee typically reviews the city’s annual financial statements, oversees external and internal audit functions, and monitors compliance with financial policies and procedures. The committee plays a crucial role in maintaining transparency and public trust by examining risk management practices, evaluating the effectiveness of internal controls, and ensuring that audit recommendations are properly implemented.

With 66 meetings held to date, the Audit Committee demonstrates an active commitment to ongoing financial oversight and governance review. The committee regularly addresses issues such as reviewing audit findings and management responses, assessing the adequacy of internal audit resources and plans, monitoring significant financial risks facing the municipality, and evaluating the performance of external auditors. Through its work, the committee helps ensure that London’s taxpayer dollars are managed responsibly and that the city maintains high standards of financial accountability and operational effectiveness.

Recent Meetings

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