Issue - meetings
Annual Internal Audit Report for Schools 2011/12
Meeting: 14/01/2013 - Audit Committee (Item 5)
5 Annual Internal Audit Report for Schools 2011/12 PDF 145 KB
To note the contents of the report and to take account of the matters raised by Audit in each of the 12 areas examined.
Minutes:
The Committee was advised that an internal audit of schools was undertaken annually to safeguard against financial risks. The key issues returned from this year’s audit were governance, schemes of delegation, declarations, financial procedures and inventory control. It was noted that these areas needed to be better embedded in schools procedures.
In response to Members’ questions, the following information was provided.
Following recent legislation, the relationship between schools and local authorities was changing. In regard to impacts this change on school audits, Members were advised that the Audit Team always sought to maintain a good relationship with schools but noted that audits created a tension by their very nature; therefore auditors were always cautiously welcomed. Audits were undertaken in an open and objective manner and findings reported to schools management and governors.
Concerning whether there had been a difference in audit prior to schools becoming more independent, members were advised that there had been no change in the approach taken by auditors.
RESOLVED
That the report be noted
The Committee was advised that an internal audit of schools was undertaken annually to safeguard against financial risks. The key issues returned from this year’s audit were governance, schemes of delegation, declarations, financial procedures and inventory control. It was noted that these areas needed to be better embedded in schools procedures.
In response to Members’ questions, the following information was provided.
Following recent legislation, the relationship between schools and local authorities was changing. In regard to impacts this change on school audits, Members were advised that the Audit Team always sought to maintain a good relationship with schools but noted that audits created a tension by their very nature; therefore auditors were always cautiously welcomed. Audits were undertaken in an open and objective manner and findings reported to schools management and governors.
Concerning whether there had been a difference in audit prior to schools becoming more independent, members were advised that there had been no change in the approach taken by auditors.
RESOLVED
That the report be noted