| Number | Item |
| | Agenda Front Page  |
| | Agenda Papers |
| | Minutes of the Meeting of this Committee held on the 28th September 2011 |
| 1. | Apologies/Substitutes |
| 2. | Declarations of Interest |
| 3. | Minutes – To approve the Minutes of the Meeting of this Committee held on the 27th June 2011 |
| 4. | Part I – For Decision |
| | This report presents the 2010/11 Statement of Accounts for approval.The District Auditor’s Report is appended and he will be present at the meeting to introduce this and take questions. The audit has identified some presentational errors that have now been corrected; hence the Statement of Accounts is fully re-presented to the Committee. The adjustments are of a ‘classification’ nature or changes to ‘disclosure notes’ there are no implications for the overall financial position or standing of the Council. The District Auditor has issued an unqualified opinion on the accounts.There is a Post Balance Sheet Event to raise that has arisen from the Concessionary Fares Scheme. The accounts were prepared on the basis of the settlement awarded to the principal bus operator following its appeal to the Department for Transport. The relevant Kent Districts and the county council were preparing to challenge this outcome but the bus operator then agreed a lower settlement. A note has been included to explain this and its possible impacts - there are no adjustments to the accounts that flow from this disclosure.Once approved the accounts will be published with an accompanying simple summary of the key facts and outcomes for the year. |
| | Statement of Accounts 2010/11 and the District Auditor’s Annual Governance Report |
| zzOrderzz | There are no documents associated with this meeting |
| 5. | The report sets out the three-year Internal Audit Plan and asks that the Audit Committee consider and approve the Plan. |
| | Internal Audit Strategic Plan 2011/12 to 2013/14 |
| 6. | The Council needs to put improved risk management arrangements in place.The report proposes that the responsibility for progressing the risk arrangements is allocated to the Head of Audit Partnership.A way forward is proposed.The Committee is asked to endorse the proposed approach. |
| | Risk Management – Approach and Strategy for Taking Forward Risk Management at Ashford |
| 7. | Part II – Monitoring/Information Items |
| | Each year the council must formally review the effectiveness of its governance arrangements and prepare an Annual Governance Statement. The Statement should highlight any material governance issues that need review. The 2010-2011 Annual Governance Statement was approved by this Committee on behalf of the Full Council at the meeting on 27 June. The Statement comprehensively explained and reviewed the council’s arrangements which were found to be generally of high standard effective and sound. There were two important areas for review. These were: the need to refresh the council’s risk management arrangements and the need to review governance principles for partnership working in the light of the developing localism theme. This brief report explains the progress and plans to cover these two areas. |
| | Annual Governance Statement – Progress on Remedying Exceptions |
| 8. | Report Tracker and Future Meetings |