Issue - meetings

Financial Management Code

Meeting: 17/06/2022 - Audit & Accounts Committee (Item 82)

Financial Management Code

Minutes:

Following on from a report to the Committee in June 2021 where areas were identified for improvement, Keith Pointon – Head of Finance – gave a verbal update to confirm that the areas in question had yet to be addressed. The areas included:-

·         Financial Procedure Rules – update needed;

·         More use of analysis tools regarding financial resilience;

·         Consultation regarding budget planning;

·         Further use of balance sheet review on larger projects.

 

There would be a full report on progress in due course.