Progress Report
Meeting: 29/03/2011 - Audit and Governance Committee (Item 47)
47 Progress Report - Audit 2010-2011 
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The report of the Borough Treasurer and Head of Assets updates Members on progress to date against the 2010-2011 Audit Plan presented to the Committee on 25 January 2011.
Additional documents:
Minutes:
The Committee considered the report of the Borough Treasurer and Head of Assets which updated Members on progress against the 2010-2011 Audit Plan which had been presented to the Committee on 25 January 2011.
The Audit Commission was required to carry out the audit of the financial statements under the International Standards on Auditing (UK and Ireland) issued by the Auditing Practices Board (APB).
Ms Castling (Audit Commission) spoke to the report and responded to Members’ questions.
During discussion of this item, Members asked for an update on the internal audit of the voluntary redundancy scheme (Minute 33 – 25 January 2011). It was confirmed that this was in progress and an undertaking was given to provide a copy of the Terms of Reference to Members of the Committee.
RESOLVED: That the Audit Progress Report 2010-2011 be received.