Audit Commission Annual Governance Report 2011 - 2012
Minutes:
The Executive Director, Finance and Corporate Resources provided Members with a verbal update on the progress made on the actions, as detailed in the Audit Commission Annual Governance Report 2011/2012, Appendix 4 – Action Plan, presented to the Board on 13th December 2012.
· Shared Services – a meeting has now taken place with the Council’s external auditor who are now comfortable with the accounting process.
· Risk Management Arrangements - Risk Management arrangements are now in place.
· Internal Audit – Quarterly meetings are now taking place with the Executive Director, Finance and Corporate Resources and the Service Manager, Worcestershire Internal Audit Shared Services.
· Financial reporting – Financial reporting and details around savings has now been improved with revised quarterly monitoring to be presented to future meetings of the Audit Board.
· Housing benefits transformation – It has now been agreed that the review will not come to a close.
In response to the Chairman in was
RESOLVED that written detailed reports be presented to future meetings of the Audit Board.