Agenda

Audit Advisory Committee
Wednesday 20 September 2017 6.30 pm

Venue: Boardrooms 7&8 - Brent Civic Centre, Engineers Way, Wembley HA9 0FJ. View directions

Contact: Nikolay Manov, Governance Officer  020 8937 1348, Email: Nikolay.Manov@brent.gov.uk

Items
No. Item

1.

Apologies for absence and clarification of alternate members

2.

Declarations of interests

Members are invited to declare at this stage of the meeting, the nature and existence of any relevant disclosable pecuniary, personal or prejudicial interests in the items on this agenda and to specify the item(s) to which they relate.

3.

Deputations (if any)

To hear any deputations received from members of the public in accordance with Standing Order 69.

4.

Minutes of the previous meeting pdf icon PDF 188 KB

To approve the minutes of the previous meeting as a correct record.

5.

Matters arising (if any)

To consider any matters arising from the minutes of the previous meeting.

6.

Update on mobilisation and initial operation of I4B Holdings Ltd pdf icon PDF 63 KB

The report provides an update from the Board of I4B Holdings Ltd on the progress it has made in mobilising the company and delivery against its business plan.

 

Additional documents:

7.

Review of the Member Learning and Development Programme pdf icon PDF 131 KB

The reportprovides membersof theAudit Advisory Committee witha summaryof theMember DevelopmentProgramme.  A similar report has been considered by the Standards Committee. The paper outlinesthe memberlearning anddevelopment sessionsdelivered formembers sinceMay 2016, as well asthe currentquarter of themember learning anddevelopment programme(June to December 2017) and the Member induction programme to be delivered following the May 2018 Local Elections.

 

 

8.

External Audit Progress Report pdf icon PDF 49 KB

The report summarises the auditing activities undertaken by KPMG in the period June 2017 to September 2017 and provides an overview of actions to be completed by the next meeting of the Audit Committee.

9.

Statement of Accounts 2016/17 and External Auditor's Report pdf icon PDF 93 KB

To be considered under the remit of the Audit Committee (a separate agenda has been issued).

 

The Audit Committee is asked to review the report to those charged with Governance from KPMG and:

·         consider the key issues and recommendations

·         consider the corrected audit differences

·         approve the statement of accounts

·         approve the letter of representation to KPMG

 

Additional documents:

10.

2017/18 Mid-Year Treasury Report pdf icon PDF 133 KB

The report updates Members on recent treasury activity.

11.

Public Sector Audit Appointments Consultation on Auditor Appointment from 2018/19 pdf icon PDF 110 KB

Full Council decided in January 2017 to accept the invitation of Public Sector Audit Appointments Ltd (PSAA) to opt into a sector led option for the appointment of auditors for five years from 2018/19. PSAA have produced provisional allocations of auditors to authorities, and are consulting on these allocations.

 

The papers outlines the proposal for Brent Council and the Chief Finance Officer’s planned response to the consultation.

 

12.

Capital Programme Update pdf icon PDF 123 KB

This update was requested by the Audit Advisory Committee in June and reviews the delivery of the Capital Programme and the changes that have been made to improve performance, forecasting and governance.

 

13.

Internal Audit and Counter Fraud Progress Report for the period 1 April - 31 August 2017 pdf icon PDF 253 KB

The report provides an update on the progress against the internal audit plan for the period 1 April 2016 to 31 August 2017 and a summary of counter fraud work for the first quarter of 2017/18. The appendix to the paper summarises those audits from the 2016/17 plan which have been finalised since the last meeting of the Committee.

 

14.

Public Sector Internal Audit Standards (PSIAS) Action Plan pdf icon PDF 87 KB

The paper informs Members of the result of the self-assessment of the Internal Audit service against the Public Sector Internal Audit Standards (PSIAS).

Additional documents:

15.

Fire Servicing, Maintenance and Responsive Repairs of Fire Installations (Brent Housing Partnership) - Follow of Implementation of Recommendations pdf icon PDF 93 KB

As requested at the June 2017 meeting of the Audit Advisory Committee, an update on the status of the implementation of the recommendations in the 2015/16 internal audit report on ‘Fire Servicing, Maintenance and Responsive Repairs of Fire Installations’ is presented for consideration by Members. 

Additional documents:

16.

Review of the Frequency of Audit Advisory Committee Meetings

To consider a proposal from the Chair to increase the number of meetings in order to consider items on the Forward Plan in greater detail.

17.

Audit Advisory Committee Forward Plan HTM 2 KB

18.

Any other urgent business

Notice of items to be raised under this heading must be given in writing to the Head of Executive and Member Services or his representative before the meeting in accordance with Standing Order 64.