Agenda item

Report of the Treasurer to the Joint Committee / Corporate Director of Resources

The Manager of Internal Audit and Risk, Avril Wallage referred Members to the Annual Internal Audit Report 2011/12 (for copy see file of minutes) and reiterated that the main points of the report were:

·        Work carried out the Internal Audit section in line with the Service Level Agreement.

·        Assurance, reviewing risks and operational controls.

·        Work supporting risk management.

·        Reviewing the corporate governance arrangements.

·        Work to ensure the capital project was on track.

Members noted that the position was favourable, with a substantial overall assurance opinion, some minor control issues having been addressed by management.

Resolved:

That the report be noted.