Audit And Risk Management Sub-committee - 25/09/2006

At a MEETING of the AUDIT AND RISK MANAGEMENT SUB-COMMITTEE OF THE FINANCE COMMITTEE held at Dundee on 25th September, 2006.

 

Present:-

 

BAILIE

 

Charles D P FARQUHAR

 

COUNCILLORS

 

Fraser MACPHERSON

Nigel DON

 

In Attendance:-

 

Pearl Tate, Senior Audit Manager, Audit Scotland

 

Councillor MACPHERSON, Convener, in the Chair.

 

Unless marked thus * all items stand delegated.

 

I EXTERNAL AUDIT REPORTS

 

There was submitted Report No 551-2006 by Pearl Tate, Senior Audit Manager, Audit Scotland, informing members of the Sub-Committee of External Audit Reports finalised since its last meeting on 16th May 2006, including:-

 

7         Efficient Government - Position Statement

7         Financial Systems Review

7         BV Improvement Plan - Follow up

7         Financial Strategy - Follow up

7         Dundee Discovery Card - Follow up

7         Website Overview - Follow up

 

The Sub-Committee noted the content of the report, further noting that for the follow up reviews, a system had been introduced by the Council to monitor the progress on implementing audit recommendations.

 

II INTERNAL AUDIT ANNUAL REPORTS 2005/06

 

There was submitted Report No 558-2006 by the Chief Internal Auditor providing the members of the Sub-Committee with the Internal Audit Annual Report which summarised the activities of the Council's Internal Audit Service for the 2005/06 financial year and provided an opinion on the strength of the Council's control environment.

 

The Sub-Committee noted the information contained within the report.

 

III INTERNAL AUDIT REPORTS

 

There was submitted Report No 554-2006 by the Chief Internal Auditor providing the members of the Sub-Committee with a summary of the Internal Audit Reports finalised since its last meeting on 16th May, 2006. Executive summaries which had been finalised were provided at Appendix A to the report.

 

The Sub-Committee noted the information contained within the report.

 

IV SCHEDULE FOR 2007 MEETINGS

 

There was submitted a Schedule of Meetings for 2007.

 

The Sub-Committee noted that meetings would be held on the undernoted dates:-

 

Monday, 22nd January, 2007

Monday, 4th June, 2007

Monday, 25th September, 2007

 

The Sub-Committee resolved under Section 50(A)(4) of the Local Government (Scotland) Act 1973 that the press and public be excluded from the meeting for the undernoted item of business on the grounds that it involved the likely disclosure of exempt information as defined in paragraph 8 of Part 1 of Schedule 7A of the Act.

 

V INTERNAL AUDIT REPORT

 

There was submitted Report No 557-2006 by the Chief Internal Auditor providing members with a summary of the Internal Audit Report finalised since its last meeting on 15th May, 2006.

 

The Executive Summary provided at Appendix A of the report summarised work undertaken that was outwith the projects contained in the Internal Audit Plan.

 

The Sub-Committee noted the information contained within the report.

 

 

 

 

Fraser MACPHERSON, Convener.