Meeting documents
Audit Committee
Tuesday, 6th March, 2012 7.00 pm
| Number | Item |
Minutes for this Meeting  | |
| Agenda Front Sheet | |
| Agenda Papers | |
| 1. | Apologies/Substitutes |
| 2. | Declarations of Interest |
| 3. | Minutes – To approve the Minutes of the Meeting of this Committee held on the 6th December 2011 |
| 4. | Part I – For Decision |
| The District Auditor is presenting three reports to this committee covering: the 2010-2011 grant claim audit; the proposed 2011-2012 external audit plan of work; and an update on general matters including the position with the outsourcing of the Audit Commission’s work. The District Auditor will be represented at the meeting by Lynn Clayton and a colleague who will introduce the reports and take questions. | |
| Reports of External Auditor (Audit Commission):- | |
| (a) Certification of Grant Claims – Annual Report | |
| (b) Audit Commission’s Proposed Audit Plan for the 2011/12 Audit | |
| (c) Audit Commission – General Progress Report | |
| 5. | The Council adopted International Financial Reporting Standards for the closure of the 2010/11 accounts there are some updates for the 2011/12 accounts. This report will look at how these updates will impact on the council’s accounts.The key areas of focus are the changes to the accounting policy for heritage assets exit packages and community infrastructure levy (CIL).HRA self financing reform will increase the authorities outstanding debt as at 31 March 2012 see paragraph 14 for detail. |
| Presentation of Financial Statements | |
| 6. | The report sets out the one-year Internal Audit operational plan and asks that the Audit Committee note the contents of the Plan. |
| Internal Audit Operational Plan 2012/13 | |
| 7. | This report follows work by a small task and finish group of the committee that has constructed a set of new partnership governance principles recommended as a framework to review the governance arrangements for significant partnership arrangements involving the council. The purpose is to ensure these arrangements are sufficient and in the council’s and the public’s interests. It proposes a review of existing arrangements and that the committee considers the outcomes later in the year |
| Good Principles of Partnership Governance | |
| 8. | Part II – Monitoring/Information Items |
| Annual Governance Statement – Progress on Remedying Exceptions | |
| 9. | Report Tracker and Future Meetings |