Agenda

Audit and Standards Committee - Tuesday, 16th July, 2024 7.00 pm

Venue: Council Chamber

Media

Items
No. Item

1.

Apologies

To receive apologies for absence.

2.

Declaration of Interests

To receive declarations of interest.

3.

Minutes pdf icon PDF 145 KB

To approve the minutes of the meeting held on 16 April 2024.

4.

Public Questions

The Chair of the Committee will answer questions from members of the public submitted in accordance with the Council’s procedures.

deadline for receipt of questions

noon on Wednesday, 10 July 2024

 

Questions must be submitted to the Chief Executive, Democratic Services,

Ebley Mill, Ebley Wharf, Stroud and can be sent by email to Democratic.services@stroud.gov.uk

 

5.

Member Questions

See Agenda Item 4 for deadlines for submission.

6.

Standing Items

6a

To consider the Work Programme pdf icon PDF 81 KB

6b

Strategic Risk Register Update pdf icon PDF 145 KB

Additional documents:

7.

Treasury Management Outturn 2023/24 pdf icon PDF 107 KB

To advise on the treasury management activities in 2023/2024, in accordance with the Council’s Treasury Policy Statement. To report on actual 2023/2024 Prudential Indicators in accordance with the requirements of the Prudential Code.

Additional documents:

8.

Unaudited Statement of Accounts 2023/24 pdf icon PDF 82 KB

This report provides an opportunity to publicly consider the Statement of Accounts 2023-2024 ahead of the official audit opinion from our appointed auditors Bishop Fleming.

Additional documents:

9.

Annual Governance Statement 2023/24 pdf icon PDF 75 KB

This report brings forward the Annual Governance Statement for the financial year 2023/24, setting out the governance arrangements which have been in place and identifying areas of focus for 2024/25.

Additional documents:

10.

Annual Report of the Chair of The Audit and Standards Committee for 2023-24 pdf icon PDF 78 KB

The Annual Report of the Chair of the Audit and Standards Committee (the Committee) summarises the Committee’s activities during 2023-24 and sets out its plans for the next twelve months. This report provides independent assurance that the Council has in place:

  1. Adequate and effective governance, risk management and internal control frameworks;
  2. Internal and External Audit services; and
  3. Financial reporting arrangements that can be relied upon and which contribute to the high corporate governance standards that this Council expects and maintains.

 

Additional documents:

11.

Annual Report of the Head of Audit Risk Assurance (ARA) 2023-24 pdf icon PDF 83 KB

To provide the Committee with an annual report on Internal Audit activity which meets the Head of ARA’s annual reporting requirements, as set out in the Public Sector Internal Auditing Standards (PSIAS) 2017.

Additional documents:

12.

Internal Audit Charter and Code of Ethics pdf icon PDF 92 KB

Regulation and the Institute of Internal Auditors (IIA) Standards requires the Head of ARA to periodically review the Internal Audit Charter and Code of Ethics. These are to be presented to Senior Management and the Audit and Standards Committee to provide assurance that Internal Audit operates in accordance with regulation and the mandatory professional standards. Due to maintaining independence, the final approval of the above, resides with the Audit and Standards Committee.

Additional documents:

13.

Internal Audit Quality Assurance and Improvement Programme (QAIP) 2024-25 pdf icon PDF 84 KB

The purpose of this report is to present, in compliance with Public Sector Internal Audit Standards (PSIAS), the latest version of the Quality Assurance and Improvement Programme (QAIP) for the Internal Audit Service.

Additional documents:

14.

Internal Audit Activity Progress Report 2024-25 pdf icon PDF 76 KB

To inform Members of the Internal Audit activity progress in relation to the approved Internal Audit Plan 2024-25.

Additional documents: