Issue - meetings

To consider the Audit Plan for the year ending 31 March 2013.

The Committee considered a report which detailed the Audit Plan for the year ending 31 March 2013.

Grant Thornton had been appointed as the Council’s independent external auditors by the Audit Commission.  Their annual work programme was set in accordance with the Code of Audit Practice issued by the Audit Commission and included nationally prescribed and locally determined work.

The Audit Plan set out the work proposed to be undertaken for the audit of financial statements and the value for money conclusion.  The Audit Plan also specified the level of audit fees. 

The Audit Plan identified five challenges which the Council was facing:

• Financial Resilience
• Becoming a Strategic Council
• Commissioning and procurement
• Business planning and project management
• Capital planning and delivery

and outlined how these challenges would be reviewed as part of the audit.

Judith Tench and Andrea Castling were in attendance and spoke to the report. 

It was agreed that that the emerging issues from the Audit Plan would be considered at the relevant Member/Officer groups.

RESOLVED:

That the Audit Plan for 2012-13, as set out in the Appendix to the Report, be received.