Meeting documents
Venue: Room 6, Capswood, Oxford Road, Denham
Contact: Democratic Services
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Audit Committee Briefing To receive a presentation on the role and responsibilities of the Audit Committee. Minutes: The Head of Finance provided a presentation to members of the Audit Committee to outline the remit and role of Committee, which was to provide a clear focus on audit, accounting and control issues in line with best practice. Members were advised that the remit of the Audit Committee was set out in Part 3 (Responsibility for Functions) of the Constitution.
The Audit Committee’s key responsibilities were in relation to:-
The Head of Finance provided a full briefing to members on the key responsibilities and provided information on obtaining further details relating to audit committee issues i.e.:
Members were provided with the opportunity to ask questions.
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To confirm the minutes of the meetings held on 12 March 2015 and 26 May 2015. Additional documents: Minutes: The minutes of the meeting of the Committee held on 12 March 2015 and 26 May 2015 were confirmed and signed by the Chairman.
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Complaints Monitoring Report 2014/15 PDF 56 KB To consider report of the Head of Legal and Democratic Services, Minutes: The Committee considered the Complaints Monitoring Report which advised of formal complaints received by the monitoring office in 2014/15 financial year that members had breached the code of conduct. There had been no complaints received in respect of District councillors.
RESOLVED that the complaints information for 2014/15 be noted.
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Review of Standards Training for new Members PDF 56 KB To consider report of the Head of Legal and Democratic Services. Minutes:
The Head of Legal and Democratic Services presented a report on the induction and training provided for new councillors on standards matters following the elections in May.
RESOLVED that
i) the position be noted; ii) the Monitoring Officer arrange an interactive workshop on declarations of interest and pre-determination jointly with members of Chiltern District Council; and iii) further standards training for members be arranged as required.
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Appointment of Independent Member - Update To receive an oral update from the Head of Legal and Democratic Services. Minutes: The Head of Legal & Democratic Services updated members on the need to re-advertise for the appointment of an Independent Member for the Audit Committee due to a lack of interest in the vacancy recently advertised. It was noted that the position had an allowance of £230 per annum plus travelling expenses was payable. The Committee would be kept informed of progress on this matter.
RESOLVED that the Head of Legal and Democratic Services arrange for the vacancy for an Independent Member to be re-advertised.
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Standards Work Programme PDF 51 KB To receive the current Standards Work Programme.
Minutes:
The Committee considered the Standards work programme for 2015/16.
RESOLVED that the standards work programme for 2015/16 be approved.
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Proposed Amendments to the Financial Procedure Rules PDF 76 KB To consider report of the Director of Resources. Minutes: The Head of Finance presented the report to members on the proposed amendment to the Financial Procedure Rules relating to debt write offs. The changes would harmonise these rules across the two authorities.
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Internal Audit Progress Report PDF 150 KB To consider report of TIAA Minutes: The Committee considered an Internal Audit Progress Report from TIAA which provided an update on the progress of Internal Audit work at South Bucks District Council as at 13 May 2015. The report outlined progress against the Annual Plan for 2014-15.
It was reported that no emerging risks had been identified which could impact on the overall effectiveness of the governance, risk and internal control framework of the Council. The action plans and management responses to the audit work for priority 1 and 2 recommendations for the period from 21 February 2015 to 13 May 2015 were highlighted, and detailed in Appendix B.
The report included details of audits carried out since 12 March 2015 and specific changes to the Annual Plan 2014/15 as follows:-
In response to questions in relation to the monitoring of write offs, the Committee was advised that the process for recovery of council tax and business rate debt was prescribed in regulations and these were adhered to prior to approving a write off.
RESOLVED that the progress against the Internal Audit Plan and findings arising from the Internal Audit Work be noted.
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Internal Audit Annual Report PDF 229 KB To receive the Annual Report from TIAA. Minutes: The Committee considered the Internal Audit Annual Report by the TIAA which outlined the internal control environment at South Bucks District Council. The report summarised the outcomes of the reviews carried out on the organisation’s framework of governance, risk management and control; and was designed to assist the Council in making its annual statement of internal controls assurance.
The Head of Audit’s Annual Opinion reported satisfaction that sufficient internal audit work had been undertaken to allow me to draw a reasonable conclusion as to the adequacy and effectiveness of South Bucks District Council’s risk management, control and governance processes. South Bucks District Council had adequate and effective management, control and governance processes to manage the achievement of its objectives.
RESOLVED that the Internal Audit Annual Report and Head of Audit’s Annual Opinion be noted.
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External Audit Annual Fee Letter 2015/16 PDF 22 KB To consider report of Ernst and Young. Minutes: The Committee received a letter from Ernst & Young LLP which confirmed the audit and certification work that was proposed to be undertaken for the 2015/16 financial year at the Council.
The letter detailed the indicative audit fee which reflected the risk based approach to audit planning set out in the National Audit Office’s Code of Audit Practice for the audit of local public bodies, and which applied from 2015/16 audits. The letter also advised of the indicative certification fee for 2015/16 which related to work on the housing benefit subsidy claim for the year ended 31 March 2016 including a summary of fees.
The Committee were advised that Ernst & Young were to issue an audit plan in March 2016, which was to communicate any significant financial statement risks identified, planned audit procedures to respond to those risks, and any changes in fee.
RESOLVED that the External Audit Annual Fee Letter 2015/16 be noted.
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External Audit Progress Report PDF 28 KB To consider report of Ernst and Young. Minutes: The Committee considered a report from Ernst & Young which summarised the work done to date on the 2014/15 audit, and was to ensure that the audit was aligned with the Committee’s service expectations.
RESOLVED that the External Audit Progress Report be noted.
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Understanding how the Audit Committee gains Assurance from Management PDF 50 KB To consider report of the Director of Resources. Minutes: The Committee received a report which outlined the response to the External Auditor’s request for information on how the Audit Committee gained assurance from Management.
RESOLVED that the proposed response to the External Auditor letter, requesting information on how the Audit Committee gained assurance from Management, be agreed.
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Annual Governance Statement PDF 238 KB To consider report of the Director of Resources. Minutes: The Committee considered the report which provided Members with sufficient evidence to:
RESOLVED that
i) the assurances provided were reviewed; ii) following consideration, no significant gaps in control / assurance had been identified; and iii) the Annual Governance Statement be approved.
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Audit Work Programme PDF 45 KB To receive the current Audit Work Programme.
Minutes:
The Head of Finance presented the Audit Committee Work Programme and the Committee was asked to consider whether there were any items to add or move within the proposed work programme.
RESOLVED that the Audit Work Programme be noted; with no proposed changes.
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Any Other Business To consider any other business which the Chairman decides is urgent. Minutes: There was no further business.
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