AUDIT COMMITTEE – 18 NOVEMBER 2009

AUDIT COMMITTEE – 18 NOVEMBER 2009AUDIT COMMITTEE18 NOVEMBER 2009Present: Mr J L Bayliss (Independent Chairman), Councillors D Cornock, I Hedley a nd ARebeiroOfficers: Catherine Halford – Governance Services Manager Sam Gilbert - Head of Financial Operations Liz Welton – Corporate Procurement ManagerSteve Sparkes – Head of Internal Audit Services Deborah Merry – Head of Democratic Services Jim Harte – Strategic Director for Transport, Highways and the Envir onment(attended for item 12)Emma Hart – Democratic Services OfficerAlyson Thomson – Audit CommissionPhil Jones – Engagement Lead, Audit Commission1. DECLARATIONS OF INTERESTSThere were no declarations of interests.2. QUESTIONS AND DEPUTATIONSNo questions or deputations were received.3. MINUTESRESOLVEDstThat the minutes of the meeting held o n Se2p1tember 200 9be approved as a correct record.4. REVIEW OF THE COUNCIL’S CORPORATE RISK MANAGEMENT APPROACHThe Governance Services Manager updated the Committee as to the actio ns anddevelopments in the review of the Corporate Risk Management approach since the meetingston 21 September 2009. She stated that the project was currently meeting predictedtimescales and she advised Members of the emerging proposals.The Committee was invited to comment on the existing and proposed Measures of Likelihoodand Impact contained within the report. The Committee was advised that some typ es of riskswere reclassified in order better focus attention on the ...