Documents
Agenda
Agenda Items
Audit Standards Committee Membership List
Ms L Duffy (Chairman), Mr G Yarranton (Vice-Chairman)
Ms P Agar, Mr S Cross, Mr P Gretton, Ms K Guthrie, Mrs A Hingley, Mr B Matthews, Mr A Miller, Prof. J Raine, Mr P Sinclair-Knipe, Mr J Thomas and Mr G Vickery.
1
Apologies for Absence
To receive any
apologies for absence.
2
Declarations of Interest (if any)
This item allows the
Chairman to invite any Councillor to declare an interest in any of the items on
this Agenda.
1
No declarations of interest were made.
3
Named Substitutes
To receive details of any Member of the Authority nominated to attend the meeting in place of a Member of the Committee.
To confirm the minutes of the Audit and Standards Committee meeting held on 24 September 2014.
2
RESOLVED that the minutes of the Audit and Standards Committee meeting held on 24 September 2014 be confirmed as a correct record and signed by the Chairman.
To present the Annual Audit Letter 2013/14 from the External Auditors, Grant Thornton UK LLP.
3
The report was presented by external auditor Joan Hill. No significant issues were found with the primary statements in the 2013/2014 audit and an unqualified opinion on the Authority's 2013/14 financial statements was issued on 29 September 2014.
RESOLVED that the Committee note the Annual Audit Letter 2013/14 from the External Auditors, Grant Thornton UK LLP.
To review the Authority’s Anti-Money Laundering Policy in accordance with our code of corporate governance to ensure that the policy remains fit for purpose.
4
The report was presented by the Treasurer. The policy had been reviewed and updated in accordance with the Authority's code of corporate governance to ensure it remains fit for purpose and compliant with updated legislation.
RESOLVED that the Committee approve the revised Anti Money Laundering Policy.
To provide the Committee with a progress update on the 2014/15 plan delivery.
5
The report was presented by internal auditor Andy Bromage. No high priority recommendations were put forward and confirmation was received that all assurances had been delivered.
The Treasurer asked the Committee to note that although the contract between Worcestershire Internal Audit and HWFR had reached its termination date (31 Dec 2014) coverage was continuing. Discussions were underway for future working including an expression of interest for HWFR to join the Worcestershire Internal Audit Partnership.
RESOLVED that the Committee note the report.
To apprise the Audit and Standards Committee of the audit fee for the Authority along with the scope and timing of work to be undertaken.
6
The report was presented by external auditor Mark Stocks. Mr Stocks summarised the scale fee for Audit work along with the scope and timings of work to be undertaken.
RESOLVED that the Committee note the External Audit Fee Letter 2014/15 from the External Auditors, Grant Thornton UK LLP.
Attendance
Declarations of Interests
No declarations of interest have been entered for this meeting.
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