Agenda

Audit and Risk Committee - Wednesday, 21 July 2021 6:30 pm

Venue: Meeting Room G.01, Ground Floor, City Hall, 115 Charles Street, Leicester, LE1 1FZ

Contact: Angie Smith, Democratic Support Officer 

Items
No. Item

1.

APOLOGIES FOR ABSENCE

2.

DECLARATIONS OF INTEREST

Members are asked to declare any interests they may have in the business to be discussed.

3.

MINUTES OF THE PREVIOUS MEETING pdf icon PDF 290 KB

The minutes of the meeting of the Audit and Risk Committee held on 17 March 2021 are attached and the Committee is asked to confirm them as a correct record.

4.

MEMBERSHIP OF THE AUDIT & RISK COMMITTEE 2021/22

Members are asked to note the membership of the Committee for 2021/22 as:

 

Councillor Kaur Saini (Chair)

Councillor Pantling (Vice-Chair)

Councillor Ali

Councillor Joshi

Councillor Dr. Moore

Councillor O’Donnell

Councillor Rahman

 

1 unfilled non-Group vacancy

5.

DATES OF MEETINGS OF THE AUDIT AND RISK COMMITTEE 2021/22

Members are asked to note the meeting dates of the Committee for the 2021/22 municipal year as:

 

21 July 2021

29 September 2021

24 November 2021

16 March 2022

 

Meetings are scheduled to take place at 5.30pm (or 6.30pm if Members training /briefings are arranged before the main meeting).

6.

TERMS OF REFERENCE pdf icon PDF 158 KB

Members are asked to note the Terms of Reference for the Committee as attached.

7.

REGULATION OF INVESTIGATORY POWERS ACT 2000: BI-ANNUAL PERFORMANCE REPORT JANUARY 2021 - JUNE 2021 pdf icon PDF 122 KB

The City Barrister and Head of Standards submits a report advising on the performance of the Council in authorising Regulatory Investigation Powers Act (RIPA) applications from 1st January 2021 to 30th June 2021.

 

The Committee is recommended to received the report and note its contents, and make any recommendations or comments it sees fit either to the Executive or to the City Barrister and Head of Standards.

8.

NATIONAL FRAUD INITIATIVE 2021/2022 UPDATE REPORT pdf icon PDF 188 KB

The Deputy Director of Finance submits a report to provide the Audit and Risk Committee on the National Fraud Initiative (NFI) exercises currently underway.

 

The Committee is recommended to receive and comment on the report, and make any recommendations it sees fit to the Executive and/or the Chief Operating Officer / s151officer or Deputy Director of Finance.

9.

COUNTER FRAUD REPORT 2020 pdf icon PDF 150 KB

The Deputy Director of Finance submits a report to the Audit and Risk Committee on the work carried out by the Corporate Investigations Team for the period 1st April 2020 to 31st March 2021.

 

The Committee is recommended to receive and comment on the report and make any recommendations it sees fit to the Executive and/or the Chief Operating Officer / s151 officer or Deputy Director of Finance.

10.

EXTERNAL AUDIT PLAN - YEAR ENDING 31 MARCH 2021 pdf icon PDF 8 MB

The External Audit Plan prepared by Grant Thornton is submitted to the Audit and Risk Committee which provides an overview of the planned scope and timing of the statutory audit of the Council for those charged with governance.

11.

DRAFT STATUTORY STATEMENT OF ACCOUNTS AND ANNUAL GOVERNANCE STATEMENT 2020/21 pdf icon PDF 266 KB

The Chief Operating Officer submits a report to the Audit and Risk Committee which provides an opportunity for the Committee to consider the Council’s Draft Annual Statement of Accounts for 2020/21, before being brought back to Committee for formal approval.

 

The Committee is recommended to receive the Draft Annual Statement of Accounts for 2020-21 and the Draft Annual Governance Statement 2020-21 at Appendix A.

Additional documents:

12.

REPORT OF THE AUDIT AND RISK COMMITTEE TO COUNCIL COVERING THE MUNICIPAL YEARS 2019/20 AND 2020/21 pdf icon PDF 367 KB

The Deputy Director of Finance submits a report to the Audit and Risk Committee for presenting to Council, which sets out the Committee’s achievements over the Municipal Years 2019/20 and 2020/21.

 

The Committee is recommended to approve the report for submission to Council.

13.

PROGRESS AGAINST INTERNAL AUDIT PLANS pdf icon PDF 417 KB

The Internal Auditor submits a report to the Audit and Risk Committee which provides a summary of progress against the 2020-21 & 2021-22 Internal Audit Plans, information on resources used to progress the plans, and summary of information on high importance recommendations and progress with implementing them.

 

The Committee is recommended to note the contents of the routine update report.

Additional documents:

14.

INTERNAL AUDIT SERVICE - ANNUAL REPORT 2020-21 pdf icon PDF 301 KB

The Internal Auditor submits an annual report to the Audit and Risk Committee which reports on internal audit work conducted during 2020-21. The report also contains information on the internal audit function’s conformance to professional standards and provides an insight into its effectiveness.

 

The Committee is recommended to:

 

1.    Receive and approve the contents of the Annual Report and Opinion

2.    Note that for the year ended 31 March 2021, the HoIAS has reported that the Council’s control environment overall remained adequate and effective.

3.    Note that the individual assignment opinions expressed together with any significant matters arising from internal audit work have been given due consideration when developing and reviewing the Authority’s Annual Governance Statement for 2020-21.

4.    Note the outcomes of the HoIAS self-assessment against the PSIAS and QAIP.

5.    Make any recommendations it sees fit to the Chief Operating Officer/s151 officer, the Deputy Director of Finance or the Executive.

Additional documents:

15.

FURTHER UPDATE ON DEVELOPMENTS IN LOCAL (EXTERNAL) AUDIT ARRANGEMENTS pdf icon PDF 232 KB

16.

AUDIT & RISK COMMITTEE WORKPLAN pdf icon PDF 87 KB

The workplan for the Audit and Risk Committee is attached.

17.

ANY OTHER URGENT BUSINESS