Agenda and draft minutes

Audit Committee
Monday 24th September, 2018 2.00 pm

Venue: Council Chamber, Allerdale House. View directions

Contact: Gayle Roach  01900 702502

Items
No. Item

187.

Minutes pdf icon PDF 59 KB

To sign as a correct record the minutes of the meeting held on 27 July 2018.

 

Minutes:

The minutes of the meeting held on 27 July 2018 were signed as a correct record.

 

188.

Declaration of Interests

Councillors/Staff to give notice of any disclosable pecuniary interest, other registrable interest or any other interest and the nature of that interest relating to any item on the agenda in accordance with the adopted Code of Conduct.

Minutes:

None declared.

 

189.

Questions

To answer questions from members of the public – submitted in writing or by electronic mail no later than 5.00 pm, 2 working days before the meeting.

Minutes:

None received.

 

190.

Internal Audit report Quarter One 2018/19 pdf icon PDF 85 KB

Additional documents:

Minutes:

The Property Manager and the Project Manager attended the meeting to provide the Committee with an update on Business Continuity. Members were informed that the previous system had been replaced by the ‘Allerdale Borough Council Business Continuity Environment’ an in-house development on Sharepoint. Each Council department would have their own action plan with a list of actions for dealing with an incident. A lead member of staff for each service was to be nominated by SMT in due course. Access would be through a link on the Councils Intranet.

Members of the Committee expressed their concerns in the lack of progress with the original processes. Members were reassured that Business Continuity was being monitored monthly by the Senior Management Team, it was on the Corporate Risk Register and it was to be a standard item on team meeting agendas to keep its profile high across the services.

 

 

 

The Assurance, Risk and Audit Manager presented the first quarterly Assurance, Risk and Audit report for the financial year 2018/19. The report set out the work performed by the Assurance, Risk and Audit Section and compared the work undertaken against the approved annual plan.

 

The chargeable time for the section for quarter one was 80.16%, which was above the target of 78.87%.

 

Members noted the assurance activities for the quarter, which focused on the review of Financial Services, Customer Operations, Risk Management and ICT. The following reports were submitted and were attached to the report as Appendix A:

 

  • Financial Services 17/18
  • Customer Operations 17/18

 

Members noted the following reviews which were in progress at 30 June 2018:

 

  • Community Services
  • Risk Management
  • ICT

 

There was a performance measure that 100% of recommendations made by Assurance, Risk and Audit were accepted by management, one low graded recommendation was not accepted during the quarter.

 

It was noted that 7 agreed actions due were in progress, 6 of those actions were over 60% complete. It was also noted that agreed actions were being continually monitored by the Senior Management Team and discussed in detail on a monthly basis. All actions outstanding had been updated in quarter one.

 

Members noted the Corporate Risk and Issues Log.

 

Agreed

 

That the contents of the report be noted.

 

191.

Annual Audit Letter 2017/18 pdf icon PDF 350 KB

Minutes:

R Anderson, Grant Thornton presented the Audit Committee with the Annual Audit Letter. The letter summarised the key findings arising from the work that the external auditors had carried out at the Council for the year ended 31 March 2018.

 

The following work had been carried out:

 

Materiality – the auditors determined materiality for the audit of the Council’s financial statements to be £966,000, which was 1.75% of the Council’s gross revenue expenditure

 

Financial statement opinion – the auditors gave an unqualified opinion on the Council’s financial statements on 31 July 2018

 

Value for money arrangements – the auditors were satisfied that the Council put in place proper arrangements to ensure economy, efficiency and effectiveness in its use of resources during the year ended 31 March 2018

 

Certification of grants – the auditors had carried out work to certify the Council’s Housing Benefit subsidy claim on behalf of the Department for Work and Pensions. The work had not yet been completed, but was due to be finalised by 30 November 2018 and would be reported to the Audit Committee

 

Certificate – the auditors certified that they had completed the audit of the Council’s accounts in accordance with the requirements of the National Audit Office Code of Audit Practice.

 

Agreed

 

That the contents of the Annual Audit Letter be noted.

 

192.

Audit Progress Report and Sector Update pdf icon PDF 575 KB

Minutes:

R Anderson, Grant Thornton presented an Audit Committee update report to inform the Committee of the progress made by the external auditors on delivering their responsibilities as at September 2018.

 

The 2017/18 audit of the Councils financial statements had been completed.

 

Work had begun on planning processes for the 2018/19 financial year audit.

 

Members noted the report.

 

Agreed

 

That the report be noted.