Issue - meetings

This is the Annual Report of the Internal Audit function detailing progress against the Plan, a summary of audit performance and key issues, as well as the formal opinion on the internal control framework.

The Committee received a report from Jeff Wring, Internal Audit (Audit West) setting out the annual report of the Internal Audit Function, detailing progress against the Plan, a summary of audit performance and key issues, as well as the formal opinion on the Internal control framework.

The report stated that the performance dashboard showed that 100% of the plan had been ‘substantially completed’.  This included work that was either finalised or at reporting stage.  Appendix 1 recorded the estimated status of each audit review within the 2018/19 Audit Plan at the end of the year.  This stated that six formal audit reviews had been finalised along with seven follow-up audits and eleven further pieces of targeted audit work.

The percentage of audits completed within the initial allocated days was recorded at 100%.  The number of allotted days was reported at the meeting as 80, although it was noted that this may need to increase as the number of functions carried out by the Authority increased.

The Chair stated that he felt that the Committee’s role was to challenge and guide the Authority in these areas, including highlighting areas where the Committee believe there to be a potential risk.  There may be some overlap therefore with the WECA Overview and Scrutiny Committee.

Agreed: That the Internal Audit Annual Report 2018/19 and the formal opinion on the internal control framework be noted.

This is the Annual Report of the Internal Audit function detailing progress against the Plan, a summary of audit performance and key issues, as well as the formal opinion on the internal control framework.