Issue - meetings
Internal Audit and Anti-Fraud Progress Quarterly Reports (22-23) Q3
Meeting: 26/01/2023 - Audit Committee (Item 5)
5 Internal Audit and Anti-Fraud Progress Quarterly Reports (22-23) Q3 PDF 451 KB
Additional documents:
- Appendix A - Summaries of Final Audits for 2021.22, item 5 PDF 135 KB
- Appendix B. Summaries of Final Audits. 2022.23@Dec. 2022, item 5 PDF 196 KB
- Webcast for Internal Audit and Anti-Fraud Progress Quarterly Reports (22-23) Q3
Minutes:
Mr Nisar Visram, Director of Finance, Procurement and Audit stated the report provided an update on the progress against the delivery of the 2022/23 Annual Internal Audit Plan as well as an update on the fraud prevention and anti-fraud work. Mr Visram said the report highlighted any significant issues since the last report to the Audit Committee in November 2022.
Referring to paragraph 3.2, Mr Visram said BDO had been selected to provide third party accountancy support to the internal audit function however a delay in appointment had led to some of the audits in the audit plan lagging. Mr Visram continued stating the tables at paragraphs 3.9 and 3.10 showed the progress made against the Internal audit plan and the recommencement of the schools’ audit programme.
Mr Steve Nyakatawa, Director of Education was also present for the meeting and said several schools had achieved a ‘limited assurance’, since the recommencement of the schools’ audit programme. He said steps were in place to ensure Headteachers and Governing Bodies were aware of the shortcomings and had improvement plans in place to rectify the weaknesses. Ms Kay Goodarce, Head of Strategic Finance - Children & Culture added that the information from the early audits was being used to inform other schools. She said schools had not been audited since the pandemic and as such there was significant learning for all schools to recognise and implement.
In response to comments and questions from members the following was noted:
· Members had no questions for the Officers relating to this report.
The Audit Committee RESOLVED to:
- Note the contents of this report and the overall progress and assurance that will be provided for 2022/23.