Issue - meetings

REPORT OF THE SERVICE DIRECTOR – RESOURCES

To receive the Finance, Audit and Risk Annual Report.

RESOLVED:

That the Annual Report of the Finance, Audit and Risk Committee 2018/2019 be noted.

REASON FOR DECISION:  To comply with the requirements of the Council’s Constitution.

Audio Recording – Start of Item – 36 Minutes, 48 Seconds

The Service Director – Resources presented the Finance, Audit & Risk Annual Report to the Committee, explaining that this summarised what the Committee had done in the last year and would be reported to Full Council, subject to approval.

Drew attention to pages of the report of works carried out, highlighting that a lot of this was a regular cycle linked to the Terms of Reference of the Committee and its statutory requirements.

Planned work for 2019/20

Along with fulfilling its statutory requirement to approve the Annual Governance Statement and Statement of Annual Accounts, the Committee would also comment on a planned update to a new Fraud Prevention Policy.

To ascertain individual Committee Members level of knowledge in respect of Finance, Audit and Risk in order that he develops a satisfactory training programme, the Services Director – Resources requested that Members complete a short questionnaire, which would be provided to them before they left the meeting that evening.

Members were reminded that The Risk Management Group met on a quarterly basis, in advance to the Finance, Audit and Risk Committee Meetings.  These meetings were held during the day time and were attended by The Service Director - Resources as the Officer Risk Champion, and Councillor Ian Albert, the Member Risk Champion.  The output of the Risk Management Group meetings were brought to the Committee.  The Service Director - Resources informed that he would circulate all of the upcoming meeting dates and Members were encouraged to attend.

RESOLVED:

That the Annual Report of the Finance, Audit and Risk Committee 2018/2019 be approved.

REASON FOR DECISION:  To comply with the requirements of the Council’s Constitution.