Agenda item

Report of the Head of Audit & Risk Management.

Members received a report of the Head of Audit and Risk Management in respect of completed Internal Audit work. Members were advised that Internal Audit work was in a good position as there had been a focus on initiating and delivering work. The focus on follow-up work was planned for the recess. A new approach to even out the spikes of work was being tested and a progress report would be included in the next update.

In response to a query about value for money and how this issue was addressed on a committee-wide basis, the Head of Audit and Risk Management commented that that he is working with the Chamberlain’s Department to provide explicit assurance to assist all decision making forums.

In response to a query about the future direction of travel in relation to risk , the Head of Audit replied that high priority areas were not always marked as red – the value of the risk register data was in determining what areas were not working well and what improved assurance opinions were provided. Members were advised that the Annual Report presented a good story about how assurances have improved, and that work would be done to demonstrate how assurance was provided.

RESOLVED, that – the report be received and its contents noted.