Agenda and minutes

No declarations of interest were received.

Apologies for absence were received from Councillors McManus, Elliott, Brown and Dyke, and from Sue Sunderland from KPMG.

RESOLVED -

That the minutes of the Standards and Audit Committee meeting held on 26 September, 2014 be approved as a true record.

Mr Lee Towers of KPMG presented the Annual Audit Letter for the year 2013/14.

The Annual Audit Letter covered:

·        Value for Money

·        Financial Statements

·        Annual Governance Statement

·        Whole of Government Accounts

It also gave a summary of reports issued which included:

·        External Audit Plan

·        Audit Fee Letter – It was noted that the additional fee had now been approved by the Audit Commission.

·        Auditors Report

·        Risk Management Benchmarking Exercise

*RESOLVED –

Mr Lee Towers of KPMG presented a briefing from the Audit Commission titled “Protecting the Public Purse Fraud Briefing 2014.”

The briefing provided information to support discussions on the Council’s fraud detection activities, to consider the Council’s fraud detection performance and to provide a focus on local and national fraud risks, local priorities and proportionate responses.

*RESOLVED –

The Interim Head of the Internal Consortium submitted a report summarising the Internal Audit reports issued for the period 6 September, 2014 to 7 November, 2014 in respect of reports issued relating to the 2014/15 internal audit plan.

*RESOLVED –

The Interim Head of Internal Audit Consortium submitted a report to inform Members of the results of an internal audit self-assessment that had been undertaken to review compliance with the Public Sector Internal Audit Standards.

*RESOLVED -                             

The Monitoring Officer submitted a report seeking approval for the nomination of a Borough Council Member to the Sheffield City Region Combined Authority Audit Committee.

*RESOLVED –