Audit Committee - 28 June 2016

NOTICE AND AGENDA (REVISED)

For a meeting to be held in the Penn Chamber, Three Rivers House, Rickmansworth, on Tuesday 28 June 2016 at 7.30pm.

Members of the Committee:-

Councillors:-

Sarah Nelmes (Chairman)        Steve Drury (Vice-Chairman)

Joy Mann                                  Angela Killick

Eric Bishop                               David Coltman

Joan King

Steven Halls, Chief Executive
20 June 2016

The Audit Committee welcomes contributions from members of the public to its discussion on agenda items.  Contributions will be limited to one person speaking for and one against each item for not more than three minutes.  Details of the procedure and the list for registering the wish to speak will be available for a short period before the meeting.

In accordance with The Openness of Local Government Bodies Regulations 2014 any matters considered under Part I business only of the meeting may be filmed, recorded, photographed, broadcast or reported via social media by any person.

Recording and reporting the Council’s meetings is subject to the law and it is the responsibility of those doing the recording and reporting to ensure compliance.  This will include the Human Rights Act, the Data Protection Act and the laws of libel and defamation.

1.

APOLOGIES FOR ABSENCE

2.

MINUTES

To confirm as a correct record the Minutes of the meeting of the Committee held on 22 March 2016.

3.NOTICE OF OTHER BUSINESS

Items of other business notified under Council Procedure Rule 30 to be announced, together with the special circumstances that justify their consideration as a matter of urgency.   The Chairman to rule on the admission of such items.

4.

DECLARATIONS OF INTEREST

To receive any declarations of interest.

5.

AUDIT COMMITTEE EFFECTIVENESS

To receive a verbal presentation by the Shared Internal Audit Service (SIAS) on the Effectiveness of the Audit Committee.

6.

RISK MANAGEMENT STRATEGY

In order to coincide with annual service planning and the risk management group, this report will now be taken to the Policy and Resources Committee in October 2016 and to this committee on 27 September 2016.

7.

FINANCIAL AND BUDGETARY RISKS

This report enables the Committee to monitor the Council's financial and budgetary risks.

8.

FRAUD ANNUAL REPORT

This report informs members of the work of the Fraud Section for the financial year 2015/2016 and provides updates on progress and developments for the current financial year.

9.

INTERNAL AUDIT ANNUAL REPORT 2015/2016

This report gives details of the activities of Internal Audit during 2014/2015 and provides an opinion on the adequacy and effectiveness of the Council’s internal control environment.

10.

INTERNAL AUDIT RECOMMENDATIONS

This report gives details of the progress made in implementing the recommendations of the internal auditor.

11.

EXTERNAL AUDIT PROGRESS REPORT

To receive the External Audit Progress Report prepared by EY, the Council’s appointed external auditors.

12.

TREASURY MANAGEMENT ANNUAL REPORT 2015/16

This report presents to members the Annual Treasury Management Report for 2015/16.

13.

ANNUAL GOVERNANCE STATEMENT (AGS) 2015/16

This report enables the Committee to agree the Annual Governance Statement (AGS) for inclusion in the Draft Statement of Accounts.

14.

DRAFT STATEMENT OF ACCOUNTS FOR 2015/16

This report allows the Committee to consider the draft Statement of Accounts for 2015/16.

15.

COMMITTEE’S WORK PROGRAMME

16.

OTHER BUSINESS – if approved under item 3 above.

16a       ANNUAL AUDIT AND CERTIFICATION FEES 2016-17

17.

EXCLUSION OF PRESS AND PUBLIC

If any confidential business is approved under item 3, it will also be necessary to specify the class of exempt or confidential information in the additional item(s) and a resolution to be passed in the following terms:-

“that under Section 100A (4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following item(s) of business on the grounds that they involve the likely disclosure of exempt information as defined under the respective paragraphs of Part 1 of Schedule 12A to the Act”.

18.

OTHER BUSINESS – if approved under item 3 above.