| Item | Description | Resolution |
|---|---|---|
| PART 1 - PUBLIC | ||
| MATTERS FOR RECOMMENDATION TO THE COUNCIL | ||
| AU 11/031 |
Annual Report on the Work of the Audit Committee |
The joint report of the Chief Internal Auditor and former Chairman of the Audit Committee summarised the work carried out by the Committee during 2010/11 as part of the overall corporate governance process of the Council. The report concluded that from the work undertaken and reported to the Audit Committee, Members had been informed of the evidence to support the Annual Governance Statement and been able to satisfy themselves that the Council had a sound system of internal control. In accordance with best practice identified by CIPFA it was recommended that the report be presented to the Council. RECOMMENDED: That (1) the Annual Report be received and noted and be presented to full Council as a record of the independent review of the Council's overall Corporate Governance process; and (2) arrangement of training on Treasury Management for the Audit Committee and other interested Members be commended to the new Training Committee. *Referred to Council |