QUALIFICATIONS,REQUIREMENTS, DUTIES AND RESPONSIBILITIES Terms and Conditions of serviceMembers of the Audit Committee shall be appointed for a term of three years on part time basis and shall be eligible for re-appointment for a further one term only,Despite the provision in(i) above, after the expiry of every term at least one third of the committee shall retire and shall not be eligible for reappointment.The term is only extended after the performance of the Committee has been reviewed. Be paid allowances at rates determined by the Salaries and Remuneration Commission.Requirements for Appointment Hold a first degree in relevant field from a recognized university;Have a good understanding of county government operating, financial reporting or auditing; andHave a good understanding of the objects, principles and functions of the entity to which they are to be appointed.Be a person of integrity, demonstrated professional competence and strong interpersonal skills and meet the requirements of Chapter Six of the Constitution. Duties and responsibilities of the Audit CommitteeEvaluate whether processes are in place to address key roles and responsibilities in relation to risk managementEvaluate the adequacy of the control environment to provide reasonable assurance that the systems of internal control are of a high standard and functioning as intended Perform an independent review of the financial statement to ensure the integrity and transparency of the financial reporting processMonitor the effectiveness of the County Government performance information and compliance with the performance management framework and performance reporting requirementsEvaluate the quality of the internal audit function, particularly in the areas of planning, monitoring and reporting.Engage with external audit in assessing the adequacy of management response to issues identified by Audit Review the effectiveness of how the County Government monitors compliance with relevant legislative and regulatory requirements to promote a culture committed to lawful and ethical behaviour.