Agenda

Audit Committee - Monday, 26th July, 2021 7.30 pm

Venue: Council Chamber, Gibson Drive, Kings Hill,

Contact: Democratic Services  Email: committee.services@tmbc.gov.uk

Link: View Meeting

Items
No. Item

PART 1 - PUBLIC

1.

Apologies for absence pdf icon PDF 3 KB

2.

Declarations of interest pdf icon PDF 4 KB

Members in any doubt about such declarations are advised to contact Legal or Democratic Services in advance of the meeting

3.

Minutes pdf icon PDF 211 KB

To confirm as a correct record the Minutes of the meeting of Audit Committee held on 6 April 2021

4.

External Quality Assessment pdf icon PDF 170 KB

This report informs Members of the results of the External Quality Assessment (EQA) of the Internal Audit service undertaken in February to March 2021.

 

The consultant who carried out the assessment will attend the meeting to present outcomes and answer any questions.

 

Additional documents:

Matters for Recommendation to Council

5.

Local Code of Corporate Governance pdf icon PDF 123 KB

This report informs Members of the outcome of the annual review of the Local Code of Corporate Governance.

 

(Note:  The tracking in the annex is intentional).

 

Additional documents:

Matters for Recommendation to the Cabinet

6.

Treasury Management Update and Annual Report for 2020-21 pdf icon PDF 207 KB

The report provides an update on treasury management activity undertaken during April to June of the current financial year.  The treasury management outturn position for 2020/21 is also included in this report.

 

Additional documents:

Decisions to be taken under Delegated Powers

7.

Risk Management pdf icon PDF 120 KB

This report provides an update on the risk management process and the Strategic Risk Register.

 

Additional documents:

8.

The CIPFA Financial Management Code pdf icon PDF 298 KB

In October 2019 the Chartered Institute of Public Finance and Accountancy (CIPFA) published “The CIPFA Financial Management Code”.  This report provides an overview of the Code and the outcome of a self-assessment to demonstrate compliance.

 

Additional documents:

9.

Annual Governance Statement 2020/21 pdf icon PDF 100 KB

This report presents the Annual Governance Statement for the year ended 31 March 2021 for Members’ endorsement.  The Annual Governance Statement is signed by both the Leader of the Council and the Chief Executive and accompanies the Statement of Accounts 2020/21.

 

Additional documents:

10.

Statement of Accounts 2020/21 and progress update on the Audit of the Accounts pdf icon PDF 141 KB

This report presents an unaudited set of Accounts for 2020/21 in the format specified by the Code of Practice on Local Authority Accounting in the United Kingdom.

 

Due to its size Annex 1 – The Statement of Accounts – will be available as a supplement.

 

Additional documents:

11.

Review of the Effectiveness of Internal Audit pdf icon PDF 112 KB

This report informs Members of the findings of the annual review of the effectiveness of the Internal Audit function for the year 2020/21.

 

Additional documents:

Matters submitted for Information

12.

Opinion of the Chief Audit Executive on the Framework of Governance, Risk Management and Control, together with the Annual Internal Audit Report and Annual Counter Fraud Report for the year 2020/21 pdf icon PDF 535 KB

This report informs Members of the opinion of the Chief Audit Executive on the Council’s framework for governance, risk management and control, together with the Internal Audit work completed during 2020/21 to support that opinion.  In addition, the report also informs Members on the work of the Counter Fraud function in 2020/21.

 

Additional documents:

13.

Grant Thornton Audit Progress Report and Sector Update pdf icon PDF 23 KB

This report from the Council’s external auditor, Grant Thornton, provides a progress report and update on emerging national issues and developments that may be of relevance to this local authority.

Additional documents:

14.

Consultation on the draft prospectus for the national scheme for local auditor appointments from April 2023 pdf icon PDF 112 KB

Public Sector Audit Appointments Limited (PSAA) have prepared a draft prospectus for the national scheme for local auditor appointments from April 2023.  Feedback concerning PSAA proposed way forward is by way of a consultation which seeks responses to a set of questions.

 

Additional documents:

15.

Urgent Items pdf icon PDF 3 KB

Any other items which the Chairman decides are urgent due to special circumstances and of which notice has been given to the Chief Executive.

Matters for consideration in Private

16.

Exclusion of Press and Public pdf icon PDF 4 KB

The Chairman to move that the press and public be excluded from the remainder of the meeting during consideration of any items the publication of which would disclose exempt information.

PART 2 - PRIVATE

17.

Urgent Items pdf icon PDF 3 KB

Any other items which the Chairman decides are urgent due to special circumstances and of which notice has been given to the Chief Executive.