Issue - meetings

The Executive Member for Finance and Support Services submitted a report setting out the proposed response from the Council to the issues and recommendations raised in the Annual Audit Letter 2014/15, the detail of which was set out in the report. 

The Director of Finance and Support Services confirmed that following the work undertaken by Grant Thornton UK LLP, no issues had been raised in the Annual Audit Letter but three recommendations had been made to the Council to:

·        Review the asset management system;

·        Consider preventing access rights to prevent the same individual initiating and authorising purchase orders; and

·        Consider how the volume and significant of self-authorised journals could be reduced.

The suggested response from the Council to the recommendations was detailed in the report.  In relation to the Asset Management System, the Director explained that this issue was being addressed in the Annual Governance Statement.  In terms of the other two issues, Officers had reviewed controls and were satisfied with what was currently in place, given the size of the Council.

The Committee agreed the response to the Annual Audit Letter, as now detailed.

RESOLVED – that the response to the Annual Audit Letter, as now detailed be agreed.