Agenda and minutes

RESOLVED – That the decisions of the meeting held on 10 December 2012 be approved as a correct record.

Apologies for absence were received from Councillor Alex Brodkin.

Members declared the following interests:

Details are appended of the questions asked of, and the answers given by the Chairman.  Verbal responses were given to supplementary questions asked at the meeting.

There were no Members’ Items.

The Assurance Director introduced the report.  The Committee discussed the report and asked questions to the relevant Directors on the recommendations that were rated at limited assurance.  The Committee requested that Legal Officers report back to the next meeting of the Committee on the progress of the signing of the lease agreement for North London Business Park.

RESOLVED

(1)               That the Committee notes the progress against the Internal Audit Plan for 2012-13 to 25^th March 2013 and the actions being taken to address some cases of non implementation of high priority recommendations.

(2)               That the Committee notes the action plan and progress in respect of the Regeneration Audit Report from December 2012.

The Operational Assurance Assistant Director and also the Head of Internal Audit and Anti-Fraud introduced the report.

RESOLVED - That the Committee endorses the Internal Audit and Anti-Fraud Strategy and Annual Plan and Risk Management Approach for 2013-14.

The Chief Operating Officer/Director of Finance and also Mr Paul Dossett and Mr Thomas Edgell of Grant Thornton LLP introduced the report.  The Committee discussed the report and raised questions on areas on which they required additional information.

RESOLVED - That Grant Thornton’s Audit Plan for 2012/13 be noted.

RESOLVED - That the programme of work for the Committee as set out in Appendix A to the report be approved.

It being the last meeting of the municipal year 2012/2013, the Vice-Chairman and the Committee thanked the Chairman for the courteous and effective way he had conducted the meetings of the Audit Committee in 2012/2013.

The Chairman thanked the members of the Committee and the Officers for the support he had received from them during the municipal year.  The Chairman also thanked Mr Jeff Lustig, the Director of Corporate Governance and Monitoring Officer who will be retiring after a long service with the Council and wished Mr Lustig well in his retirement.

There were no such items.