Members are asked to note the Committee’s Work Programme.
Members received the Audit & Risk Management Committee’s work programme. Members were asked to note the following amendments:
· The Draft City Fund and Pension Fund Account has been moved from 7 May 2019 to 16 July 2019;
· The Annual Private meeting of Members with External Auditors will take place after the Committee meeting on 16 July 2019;
· The Internal Audit Charter Review has been moved from 12 March 2019 to 7 May 2019;
· The Annual Private Meeting of Members with the Head of Internal Audit will take place after the Committee meeting on 24 September 2019.
In reference to the Deep Dives and Informal Risk Challenge Sessions, Members asked if there was a sequence to when these items are scheduled. The Chamberlain responded that the Informal Risk Challenges follow a seven-meeting cycle. For the Deep Dives, these are planned in advance, however when a new risk is added, or a risk needs to be reviewed, the schedule is adjusted.
The CR17 Safeguarding Deep Dive scheduled for 7 May 2019 should cover the Department of Community and Children’s Services and touch on independent schools. Although safeguarding is the prime responsibility of the schools, as the schools are under the umbrella of the City of London Corporation, they must be addressed in the Safeguarding deep dive. The Corporate Risk Advisor clarified that the exact risk title is ‘Failure to deliver actions under the City of London Safeguarding Policy’.
RESOLVED – That the work programme be received and its contents noted.