Audit Committee - 25 June 2015
Penn Chamber, Three Rivers House25th June 2015
NOTICE AND AGENDA
For a meeting to be held in the Penn Chamber, Rickmansworth, on Thursday, 25 June 2015 at 7.30pm.
Members of the Committee:-
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Councillors:- |
Sarah Nelmes (Chairman) |
Steve Drury (Vice-Chairman) |
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Terry Dos Ramos |
Joy Mann |
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Alex Hayward |
Angela Roberts |
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Len Tippen |
Steven Halls, Chief Executive
17 June 2014
The Audit Committee welcomes contributions from members of the public to its discussion on agenda items. Contributions will be limited to one person speaking for and one against each item for not more than three minutes. Details of the procedure and the list for registering the wish to speak will be available for a short period before the meeting.
In accordance with The Openness of Local Government Bodies Regulations 2014 any matters considered under Part I business only of the meeting may be filmed, recorded, photographed, broadcast or reported via social media by any person.
Recording and reporting the Council’s meetings is subject to the law and it is the responsibility of those doing the recording and reporting to ensure compliance. This will include the Human Rights Act, the Data Protection Act and the laws of libel and defamation.
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APOLOGIES FOR ABSENCE |
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2. |
MINUTES |
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To confirm as a correct record the Minutes of the meeting of the Committee held on 17 March 2015 (copy enclosed for Members of the Committee). |
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3. |
NOTICE OF OTHER BUSINESS |
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Items of other business notified under Council Procedure Rule 30 to be announced, together with the special circumstances that justify their consideration as a matter of urgency. The Chairman to rule on the admission of such items. |
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4. |
DECLARATIONS OF INTEREST |
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To receive any declarations of interest. |
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5. |
AUDIT COMMITTEE EFFECTIVENESS |
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To receive a verbal presentation by the Shared Internal Audit Service (SIAS) on the Effectiveness of the Audit Committee. |
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RISK MANAGEMENT STRATEGY |
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The report recommends that the Policy and Resources Committee approves the Risk Management Strategy. |
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FINANCIAL AND BUDGETARY RISKS |
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This report enables the Committee to monitor financial and budgetary risks. |
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8. |
FRAUD ANNUAL REPORT |
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This report informs Members of the work of the Fraud Section for the financial year 2014/2015 and provides updates on progress and developments for the current financial year. Following the impending transfer in December 2015 of the investigation of Housing Benefit fraud to the Single Fraud Investigation Service (SFIS) this report provides an update on the current position. |
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ANNUAL GOVERNANCE STATEMENT (AGS) – ACTION PLAN UPDATE |
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This report gives details of the progress in implementing the actions required resulting from the Annual Governance Statement. |
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10. |
INTERNAL AUDIT PROGRESS REPORT 2014/15 |
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This report gives details of the progress made in implementing the recommendations of the internal auditor. Internal Audit Progress Report 2014-15 |
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11. |
INTERNAL AUDIT ANNUAL REPORT 2014/2015 |
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This report gives details of the activities of Internal Audit during 2014/2015 and provides an opinion on the adequacy and effectiveness of the Council’s internal control environment. |
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EXTERNAL AUDIT PLAN 2014/15 |
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To receive the External Audit Plan prepared by Grant Thornton UK LLP the Council’s appointed external auditors. |
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13. |
TREASURY MANAGEMENT |
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This report presents to Members the Annual Treasury Management report and Prudential Indicators for 2014/15. |
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ANNUAL GOVERNANCE STATEMENT (AGS) 2014/15 |
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This report enables the Committee to agree the Annual Governance Statement (AGS) for inclusion in the Draft Statement of Accounts. |
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DRAFT STATEMENT OF ACCOUNTS FOR 2014/15 |
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This report allows the Committee to consider the Draft Statement of Accounts for 2014/15. These will be circulated separately. |
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16. |
COMMITTEE’S WORK PROGRAMME |
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To review and make necessary changes to the Audit Committee’s Work Programme. |
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17. |
OTHER BUSINESS – if approved under item 3 above. |
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18. |
EXCLUSION OF PRESS AND PUBLIC |
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If any confidential business is approved under item 3, it will also be necessary to specify the class of exempt or confidential information in the additional item(s) and a resolution to be passed in the following terms:- |
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“that under Section 100A (4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following item(s) of business on the grounds that they involve the likely disclosure of exempt information as defined under the respective paragraphs of Part 1 of Schedule 12A to the Act”. |
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OTHER BUSINESS – if approved under item 3 above. |
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