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					AUDIT COMMITTEE - WORK PROGRAMME 2009-10

Date            Agenda                            Report Recommendation (Role of Audit Committee)

1st Feb 2010    Risk Management Update            The Audit Committee raise any issues of concern for more detailed
                                                  reporting to them at the next meeting but otherwise confirm that they
                                                  consider the Risk and opportunity Management framework and
                                                  progress with key strategic risks are being managed satisfactorily.

                Audit Commission organisational   Presentation of findings.
                assessment                        [Taken to Performance & Finance Committee.]

                Action Plan Update – Care First   For service heads to update the Committee on the action taken and
                                                  in hand to address residual issues in action plans for audits that are
                                                  most likely to have a material effect on the overall audit opinion.

                Treasury Management update        Review of Treasury Management following the transfer of this to
                                                  Audit Committee from VFM Scrutiny in May 2009.

                Business Continuity Planning      Information about continuity planning, as requested by Members at
                                                  Committee in December 2009.

22nd Mar 2010   Draft Internal Audit Strategy     That the Audit Committee considers the strategic direction of the
                                                  Internal Audit Service and satisfies itself that, alongside other internal
                                                  and external assurance providers, it meets the Council’s assurance
                                                  requirements and that, following the completion of the consultation
                                                  process, the final strategy by received by the Committee for
                                                  approval.
Date   Agenda                                  Report Recommendation (Role of Audit Committee)

       Risk Management Update                  The Audit Committee raise any issues of concern for more detailed
                                               reporting to them at the next meeting but otherwise confirm that they
                                               consider the Risk and opportunity Management framework and
                                               progress with key strategic risks are being managed satisfactorily.

       Accounting Standards                    To approve the accounting policies (which form the basis of the
                                               recognition, measurement and disclosure of transactions etc) for the
                                               2009/10 accounts.

       International Financial Reporting       Update on progress with implementing IFRS arrangements, as
       Standards (IFRS)                        requested by Committee.

       Internal Audit Update                   For the Audit Committee to assure itself of the adequacy of the
                                               control environment and the implementation of recommended
                                               improvements based upon Internal Audit and manager assessments.

       Action Plan Updates – Local Taxation    For service heads to update the Committee on the action taken and
       and Main Accounting                     in hand to address residual issues in action plans for audits that are
                                               most likely to have a material effect on the overall audit opinion.


       Audit Commission review of management   For information and onward referral.
       arrangements in housing

       Audit Commission – Waste Mgt Review     For information and onward referral.

       Schools Audit Services (1)              Update on the management of school deficits.
Date        Agenda                                     Report Recommendation (Role of Audit Committee)

            Schools Audit Services (2)                 To outline any proposed future delegations (i.e. for audit to become a
                                                       ‘traded service) and the services Internal Audit can offer in that
                                                       context.

            Oracle I –expenses                         Update to the Committee on this system development.

            Health & Safety Training                   To comment on the uptake of Health and Safety training and the
                                                       implementation of any actions arising from the Human Resources
                                                       Working Party’s consideration of this matter.

17th May    Internal Audit Strategy and Plan 2010/11   That the Audit Committee approves the strategic direction of the
            and beyond - final                         Internal Audit Service and satisfies itself that, alongside other internal
                                                       and external assurance providers, it meets the Council’s assurance
                                                       requirements.

            Action Plan Update – Asset Recording &     For service heads to update the Committee on the action taken and
            Accounting (Qube)                          in hand to address residual issues in action plans for audits that are
                                                       most likely to have a material effect on the overall audit opinion.

28th June   2009/10 accounts                           Audit Committee to challenge, review and approve

            Annual Governance Statement (AGS)          Audit Committee to challenge, review and approve the AGS.
            2009/10                                    The Audit Committee to satisfy itself that the assurance statement
                                                       properly reflects the risk environment and any actions required to
                                                       improve it.