Audit Committee - 22 November 2016
NOTICE AND AGENDA
For a meeting to be held in the Penn Chamber, Rickmansworth, on Tuesday 22 November 2016 at 7.30pm.
Members of the Committee:-
Councillors:- Sarah Nelmes (Chairman) Steve Drury (Vice-Chairman)
Eric Bishop David Coltman
Angela Killick Joan King
Steven Halls, Chief Executive
14 November 2016
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.
1.APOLOGIES FOR ABSENCE-
To confirm as a correct record the Minutes of the meeting of the Committee held on 27 September 2016.16-09-27-mins
3.NOTICE OF OTHER BUSINESS-
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.
4. DECLARATIONS OF INTEREST -
To receive any declarations of interest.
5. FINANCIAL & BUDGETARY RISKS16-11-22-ac-i-05-financial-budgetary-risks-cover-appendix.
This report enables the Committee to monitor financial and budgetary risks.
6. ANNUAL GOVERNANCE STATEMENT – ACTION PLAN UPDATE
This report updates the Committee on the implementation of the action plan resulting from the Annual Governance Statement
7. EXTERNAL AUDITOR’S LETTER16-11-22-ac-i-07-annual-audit-letter-and-update
This report allows the Committee to ask questions of the external auditor concerning their ‘Annual Audit Letter’.
8.INTERNAL AUDIT PROGRESS REPORT – 2016/17
This report details: · Progress made by the Shared Internal Audit Service (SIAS) in delivering the Council’s annual audit plan for 2016/17 as at 4 November 2016.· Implementation status of all previously agreed audit recommendations from 2009/10 onwards.· An update on performance management information as at 4 November 2016.
9.RISK MANAGEMENT STRATEGY
This report recommends that the Policy and Resources Committee approves the Risk Management Strategy
10. APPOINTMENT OF AUDITORS
The purpose of this report is to inform the Audit Committee about the new arrangements and seek comments on the proposed approach, which the Audit Committee is asked to recommend to Council.
11.TREASURY MID-YEAR REVIEW
This report gives details of the 2016/17 Mid-Year Review of the Treasure Management Function.
12.ANNUAL TREASURY MANAGEMENT STRATEGY
The purpose of this report is to enable the Audit Committee and then the Policy and Resources Committee to recommend to Council its Treasury Management Strategy Statement.
13.COMMITTEE’S WORK PROGRAMME16-11-22-ac-i-13-work-programme
To review and make necessary changes to the Committee’s work programme.
14.OTHER BUSINESS – if approved under item 3 above.-
15. EXCLUSION OF PRESS AND PUBLIC -
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:- -
“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”.
16. OTHER BUSINESS – if approved under item 3 above. -