Performance Reports & Review: A performance report is prepared by each Directorate and presented to the Chief Executive twice a year. This report outlines performance progress on priorities identified in the Corporate Plan as well as organisation performance. Annual Report: At the end of each financial year, Cork City Council produces a detailed annual report that reviews the performance achieved. It provides our community with operational and financial information about our performance against the priorities and service delivery commitments set out in the Corporate and Annual Service Delivery plans. National Oversight and Audit Commission (NOAC) : NOAC was established under the Local Government Reform Act 2014 to provide independent oversight of the local government sector at a local, regional and national level. Its functions are wide ranging, involving the scrutiny of performance generally and financial performance specifically, supporting best practice, overseeing implementation of national local government policy, monitoring and evaluating the implementation of corporate plans, adherence to service level agreements and public sector reform by local government bodies, as well as any additional functions assigned, or reports requested, by the Minister. Audit Committee: As part of the governance arrangements that operate within Cork City Council, the audit committee has an independent role to advise us on financial reporting processes, internal controls, risk management and audit matters. The functions of an Audit Committee are clearly defined and set out in Section 59(2) of the Local Government Reform Act 2014. Audit Committees are also required under Regulation 15 of the Local Government (Audit Committee) Regulations 2014 to prepare an annual report, within three months of the expiration of each calendar year, on its activities and findings during the previous year, which shoul d also include the Committee’s assessment of its own effectiveness and performance. Local Government Auditors: Local Government Auditors provide independent scrutiny of the financial stewardship of Cork City Council. They carry out audit of our services and practices in accordance with the statutory Code of Audit Practice, fostering the highest standards of financial stewardship and public accountability. They also undertake Value for Money audits and publish the resulting reports to advise and assist us in achieving better value for money.
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