Issue - meetings
SHARED INTERNAL AUDIT SERVICES - UPDATE ON PROGRESS AGAINST THE 2018/19 AUDIT PLAN
Meeting: 18/06/2018 - Finance, Audit and Risk Committee (Item 9)
9 SHARED INTERNAL AUDIT SERVICES - UPDATE ON PROGRESS AGAINST THE 2018/19 AUDIT PLAN 
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REPORT OF THE SHARED INTERNAL AUDIT SERVICES
CLIENT AUDIT MANAGER
To consider an update on the progress of the Shared Internal Audit
Services (SIAS) against the 2018/19 Audit Plan.
Additional documents:
Decision:
RESOLVED:
(1) That the Internal Audit Progress Report for the period to 4 June 2018 be noted;
(2) That the proposed amendments to the 2018/19 Audit Plan be noted; and
(3) That the implementation status of High Priority recommendations be noted.
REASON FOR DECISION: To allow the Committee to review, comment and challenge the current status of the Internal Audit Plan.
Minutes:
The Client Audit Manager (SIAS) presented an update report on progress against the 2018/19 Audit Plan, up to 4 June 2018.
The Client Audit Manager (SIAS) advised that ten 2017/18 and two 2018/19 final audit reports had been issued since the last meeting of the Committee. Since the report had been written, one further final report (on Health and Safety) had also been issued. Six Medium Priority recommendations, resulting from two audits, made during the period were summarised in the report. No new High Priority recommendations had been made.
The Client Audit Manager (SIAS) stated that the Commercialisation audit had been cancelled as the work was no longer required. As a result, the contingency in the 2018/19 stood at 11 days.
In terms of performance, the Client Audit Manager (SIAS) updated the report by advising that 17% of Planned Audit days and 15% of Planned Projects had been completed.
The Client Audit Manager (SIAS) referred to Appendix D to the report, which set out the new assurance levels of “Good”; “Satisfactory”; “Limited”; and “No”, and a new Priority Level for Corporate (as opposed to Service) risk of “Critical”.
In response to a Member’s question, the Client Audit Manager (SIAS), assisted by the Service Director – Resources, explained the Medium Priority recommendation concerning the Business Improvement Districts.
RESOLVED:
(1) That the Internal Audit Progress Report for the period to 4 June 2018 be noted;
(2) That the proposed amendments to the 2018/19 Audit Plan be noted; and
(3) That the implementation status of High Priority recommendations be noted.
REASON FOR DECISION: To allow the Committee to review, comment and challenge the current status of the Internal Audit Plan.