141204 - Audit Plan

CABINET 14TH DECEMBER, 2004 ITEM NO. 17 AUDIT SERVICES ANNUAL AUDIT PLAN 2004/05 – PROGRESS REPORT Responsible Cabinet Member(s) - Councillor Don Bristow, Resource Management Portfolio Responsible Director(s) - Paul Wildsmith, Director of Corporate Services Purpose of Report 1. To provide Cabinet with a progress report against the 2004/05 Annual Audit Plan in accordance with Audit Services’ role and terms of reference (Minute C15/Jun/02). Information and Analysis 2. The Annual Audit Plan for 2004/05 was approved by Cabinet in March 2004 (Minute C228/Mar/04) and this report covers progress made during the first seven months of the year i.e. to 31st October, 2004. 3. The report should be considered in the context of fulfilling the function to monitor the adequacy and effectiveness of the Council’s internal control environment and the Internal Audit service provided. 4. In order to portray progress three Appendices are attached :- (a) Appendix A – states Audit Services’ Key Performance Indicators and gives year end projections. (b) Appendix B – summarises Audit Assignments undertaken. (c) Appendix C – outlines some of the more significant outputs from consultancy work carried out. 5. The position is positive upon Key Performance Indicators (Appendix A). The Section again obtained the maximum score of 4 from External Audit using the Audit Commission’s methodology set out in ‘Comprehensive Performance Assessment ...