Internal Audit Services

The service will:

• Develop, with input from management, an audit plan for the financial year ahead which

considers the key risks the organisation faces. The plan will be presented and agreed at

RFL's Audit and Risk Committee (AARC) each year.

• Deliver the annual plan of internal audits, ensuring each audit is delivered with appropriate

expertise, providing advice and guidance on emerging risks and good practice in the areas

that are audited.

• Issue reports following each audit which provide conclusions on the control environment

including positive aspects and potential improvements, efficiencies and areas for

strengthening processes and controls.

• Provide reports to management and to the AARC on the results of each audit and progress

made by management in completing actions following the audits performed.

• Support the AARC in fulfilling its oversight responsibilities, including an annual conclusion on

the control environment.

• Provide independent assurance on the adequacy and effectiveness of RFL's risk

management, governance and internal controls.