John Leak – Internal Audit Manager – introduced the report to members, covering the period October 2018 to January 2019.
7 Audit reports had been issued during the period, 6 of which were given ‘satisfactory’ assurances, with 1 achieving ‘substantial’ status. Further breakdown of all Audits in progress and completed during the current financial year including the status of audit recommendations was appended to the report. All such recommendations had been agreed and, to date, 100% of 2018/19 recommendations that were due had been implemented.
Also appended to the report was a summary of recommendations made in the previous (2017/18) financial year. 96% of those which were due had been implemented.
12 further audits were shown to be in progress, indicating that the Annual Audit plan was 76% complete. This figure was anticipated to be above 90% by the end of the financial year.
RESOLVED – That the progress information contained in the report be NOTED.