Audit Committee, Wednesday, 28 October 2020
This meeting will be held at 6.30 pm. This will be a virtual meeting.
You can view the live stream of the meeting by clicking this link and selecting 'Watch on the web instead'.
1 CHAIR'S ANNOUNCEMENTS
The Chair will give their announcements. Mobile phones should be switched to silent and the evacuation procedures in the event of an emergency will be explained.
2 APOLOGIES FOR ABSENCE
To receive apologies from Members who are unable to attend the meeting.
3 DECLARATIONS OF INTEREST
If a member of the Audit Committee or other member of the Council present at the meeting has a personal or prejudicial interest in any agenda item during this meeting they should declare its existence and nature publicly.
4 PUBLIC PARTICIPATION
a) For items on the agenda
b) For items not on the agenda
5 PREVIOUS MINUTES
To confirm the minutes of the Audit Committee meeting held on 24 August 2020
6 SWAP INTERNAL AUDIT QUARTERLY PROGRESS UPDATE
The Internal Audit service for Mendip District Council is provided by South West Audit Partnership Limited (SWAP). Internal Audit provides an independent and objective opinion on the Authority's control environment by evaluating its effectiveness.
7 TREASURY MANAGEMENT STRATEGY MIDYEAR UPDATE
This report sets out the Treasury Management Strategy for the 2020/21 Financial year.
8 EXTERNAL AUDIT RESULTS REPORT
External Audit Results Report for the year ended 31 March 2020
9 RE-APPOINTMENT OF CO-OPTED MEMBER TO THE AUDIT COMMITTEE
10 REVIEW AND APPROVE THE FINAL STATEMENT OF ACCOUNTS AND ANNUAL GOVERNANCE STATEMENT
11 AUDIT FORWARD PLAN
12 URGENT BUSINESS
To consider any other business which the Chairman decides is urgent.
13 EXCLUSION OF THE PRESS AND PUBLIC
The Audit Committee is asked to consider whether a resolution should be passed to exclude the press and public from the meeting during items 14 to 16 on the grounds that exempt information (as defined in Schedule 12A Local Government Act 1972) of the following description is likely to be disclosed:
Category 3 Information relating to the financial or business affairs of any particular person (including those of the Council).
14 INTERNAL AUDIT OUTSTANDING RECOMMENDATIONS PROGRESS UPDATE
This paper updates the Committee on work to monitor and progress outstanding priority internal audit recommendations.
15 STRATEGIC RISK REGISTER MANAGEMENT REPORT Q2 2020/21
The paper outlines the Council's approach to risk management and intended areas of work to further strengthen the council's arrangements during Q2 2020/21.
16 RISK & OPPORTUNITY MANAGEMENT STRATEGY
The purpose of this strategy is to outline the overall approach to Risk and opportunity management at Mendip District Council.