Agenda and minutes

Venue: De Montfort Suite, Hinckley Hub

Items
No. Item

49.

Minutes of previous meeting pdf icon PDF 33 KB

To confirm the minutes of the previous meeting.

Minutes:

It was moved by Councillor Lynch, seconded by Councillor Camamile and

 

RESOLVED – the minutes of the meeting held on 12 April be confirmed and signed by the chairman.

50.

Declarations of interest

To receive verbally from members any disclosures which they are required to make in accordance with the Council’s code of conduct or in pursuance of Section 106 of the Local Government Finance Act 1992. This is in addition to the need for such disclosure to be also given when the relevant matter is reached on the agenda.

Minutes:

No interests were declared at this stage.

51.

External audit fee letter pdf icon PDF 1 MB

Report of the external auditor.

Minutes:

The Audit Committee received a copy of the 2018/19 external audit letter setting out the fee and audit plan for the ensuing year.

 

RESOLVED – the contents of the letter be noted.

52.

Internal audit recommendations follow up pdf icon PDF 641 KB

Report of the internal auditor.

Minutes:

The internal auditor presented a report which followed up on all findings rated medium and above from audits since 2015/16. Members expressed concern about the number of outstanding recommendations and in response it was noted that some related to actions that had been completed but not signed off on the system. Members felt that, whilst the issues were minor, it was not acceptable that they remained outstanding and it was suggested that the report be brought back to the next meeting with the expectation that all outstanding actions had been completed.

 

RESOLVED – an update be brought to the next meeting.

53.

Internal audit report - Legal Services pdf icon PDF 517 KB

Report of the internal auditor.

Minutes:

Members received the internal audit report for Legal Services where one medium and one low risk finding had been reported.

 

RESOLVED – the report be noted.

54.

Finance continuous auditing pdf icon PDF 240 KB

Report of the internal auditor.

Minutes:

In presenting the finance continuous auditing report, the internal audit stated that no exceptions had been found.

 

RESOLVED – the report be noted.

55.

Internal audit annual report pdf icon PDF 1 MB

Report of the internal auditor.

Minutes:

The internal auditor presented the annual report which outlined work carried out during 2017/18 and provided an opinion of “generally satisfactory with some improvements required”. In response to members’ queries, it was reported that the majority of local authorities received this opinion, and that progression was in the right direction.

 

RESOLVED – the report be noted.

56.

Draft statement of accounts pdf icon PDF 265 KB

Minutes:

The Audit Committee received the draft financial statements for 2017/18. Members expressed concern at the lateness of receiving the documents but it was noted that the final accounts would be presented to the next meeting and members would, therefore, have until that time to digest the information presented. It was requested that a session with those members wishing to attend be arranged before the July meeting to understand the content of the statements.

 

RESOLVED – the report be noted.

57.

Annual Governance Statement pdf icon PDF 2 MB

Minutes:

Members received the draft Annual Governance Statements for 2017/18.

 

RESOLVED – the report be noted.