Issue - meetings

To receive a report on the Audit Plan for 2009/10 and the Protocol for Joint Working with Internal Audit.

The Committee considered a report on the Audit Plan for 2009/10 and the Protocol for Joint Working with Internal Audit.

The Audit Plan set out the work that the Audit Commission proposed to undertake at the 2009/10 audit.

The Protocol for Joint Working with Internal Audit set out the joint working arrangements with the Internal Audit Department. The Protocol sought to enable efficient joint working wherever possible and would revisit the Internal Audit's plan as the year progressed. Internal Audit's focus in 2009/10 was on understanding and documenting the core financial and fundamental systems which would assist the understanding of key systems feeding the financial statements.

Judith Tench of the Audit Commission attended the meeting to answer Members’ questions on the Annual Audit Plan and Joint Working Protocol. She explained the basis for the audit fee and discussed the specific risks identified for the current opinion audit, including new and legacy financial systems, fixed asset valuation and shared services.

RESOLVED

That the Audit Plan for 2009/10 and the Protocol for Joint Working with Internal Audit be received and noted.