Issue - meetings

Item AU 15/17 referred from Audit Committee minutes of 7 April 2015

RESOLVED:  That the recommendations at Minute AU 15/17 be approved.

The report of the Chairman of the Audit Committee was produced to inform the Council of the means by which the Committee had provided independent assurance to those charged with governance on the adequacy of the risk management framework, the internal control environment and the integrity of the financial reporting and annual governance processes. 

The report summarised the work carried out by the Committee during 2014/15 and concluded that the required assurance set out in the CIPFA Audit Committee Guidance had been provided to those charged with governance.  Reference was made to the constitutional changes approved by the Council on 17 February 2015 to reflect the alignment of the Audit Committee to new CIPFA guidance which would lead to the transfer to the Committee of additional areas of delegated responsibility.

RECOMMENDED:  That the Annual Report be presented to the Council as independent assurance on the adequacy of the risk management framework, the internal control environment and the integrity of the financial reporting and annual governance processes.

* Referred to Council