Agenda item

5.1

The Committee received a report of the Senior Finance Manager (Internal Audit), Linda Hunter, which presented the Internal Audit planning methodology and programme of work for 2022/23.

5.2

The audit plan would be reassessed in September 2022 and brought back to the Audit & Standards Committee in November 2022.

5.3

The Senior Finance Manager (Internal Audit) referred to the summary of the audit plan on page 24 of the report. This highlighted the planned audit time for auditable areas within the Council. The combined planned audit time across all auditable areas was 1488 days. It was added that the full plan was in appendix 1 to the report.

5.4

Members of the Committee asked questions and the following responses were provided: -

5.5

The Senior Finance Manager (Internal Audit) explained the RAG ratings were based multiple factors. Some factors mentioned were when the area was last audited, budget and financial aspects, changes within a system or process and likelihood of fraud occurring in that area

5.6

The Senior Finance Manager (Internal Audit) confirmed the I Trent system process review referred to on page 37 was a payroll review which was still currently ongoing.

5.7

The Senior Finance Manager (Internal Audit) mentioned there was a review in place for internal audit to look at their processes, following the Councils change to a Committee System.

5.8

The Senior Finance Manager (Internal Audit) highlighted the vacancies in the service which would be recruited to in the near future.

5.9

The Senior Finance Manager (Internal Audit) referred to page 43 of the report which highlighted the 4 pro-active fraud audits.

5.10

The Senior Finance Manager (Internal Audit) explained that not all the risks that appeared on last years first-call list will appear on this year’s list. This was because some risks identified last year were reassessed, they were not considered to be a high risk any longer. Each risk would be checked to ensure no risk was missed off when generating this year’s list.

5.11

RESOLVED: That the Audit & Standards Committee endorsed the programme of work for 2022/23.