Agenda

In the event of a fire, please await direction from the West of England Combined Authority staff who will help assist with the evacuation. Please do not return to the building until instructed to do so by the fire warden(s).

To receive apologies for absence from Members.

Members who consider that they have an interest to declare are asked to: a) State the item number in which they have an interest, b) The nature of the interest, c) Whether the interest is a disclosable pecuniary interest, non-disclosable pecuniary interest or non-pecuniary interest. Any Member who is unsure about the above should seek advice from the Monitoring Officer prior to the meeting in order to expedite matters at the meeting itself.

To consider and approve the minutes from 16 October 2019 of the West of England Combined Authority Audit Committee.

Members of the public can speak for up to 3 minutes each. The total time for this session is 30 minutes so speaking time will be reduced if more than 10 people wish to speak.

If you wish to present a petition or make a statement and speak at the meeting, you are required to give notice of your intention by noon on the working day before the meeting by e-mail to democratic.services@westofengland-ca.gov.uk. For this meeting, this means that your submission must be received in this office by 12noon on Wednesday 26 February 2020

If you wish to ask a question at the meeting, you are required to submit the question in writing to democratic.services@westofengland-ca.gov.uk no later than 3 working days before the meeting.   For this meeting, this means that your question(s) must be received in this office by 5pm on Friday 21 February 2020.

Any member of the public in the West of England Combined Authority may present a petition at a West of England Combined Authority Audit Meeting.

To inform the committee of a few minor narrative changes that have been made to the published Statement of Accounts for the 2018/19 financial year.

The Annual Audit Letter summarises the key findings arising from the external audit work that Grant Thornton has carried out at the West of England Combined Authority for the year ended 31 March 2019

To approve the (Grant Thornton) External Audit Plan for year ended 31 March 2020.

To note the (Grant Thornton) external audit progress report and sector update.

To update the Committee on Internal Audit work in 2019/20.

This report updates the Audit Committee on the methodology used to create the Internal Audit Plan, asks it to support an increase in the level of coverage along with any comments on areas or themes they would like to be considered within the plan for 2020/21.

To note the WECA Treasury Management Strategy for 2020/21 and update on the current investment portfolio and performance.

This is the annual update to Audit Committee on WECA’s approach to risk management

To provide an updated WECA Monitoring & Evaluation Framework for Audit Committee approval.

To review, and note, the West of England Local Growth Assurance Framework (as detailed in Appendix 1).