Audit And Risk Management Sub-committee - 24/05/2004

At a MEETING of the AUDIT AND RISK MANAGEMENT SUB-COMMITTEE OF THE FINANCE COMMITTEE held at Dundee on 24th May, 2004.

 

Present:-

 

Bailie

 

Charles D P FARQUHAR

 

Councillors

 

George REGAN

Joe MORROW

Nigel DON

Joe FITZPATRICK

 

In Attendance:-

 

John PHILP, Audit Scotland.

 

Councillor REGAN, Convener, in the Chair.

 

Unless marked thus * all items stand delegated.

 

I EXTERNAL AUDIT REPORTS

 

There was submitted Report No 411-2004 by the Chief Auditor (Audit Scotland) detailing the External Audit Reports finalised since the last Sub-Committee meeting on 19th January, 2004.

 

The following reports relating to the 2002/03 audits had been finalised:-

 

(a)Members Expenses; Superannuation Expenses; Housing Income Collection: Review of the Agreed Action Plans

 

(b)Review of Non-Domestic Rates Billing and Collection Arrangements

 

(c)Payment of Creditors

 

(d)Dundee Contract Services Review of the Agreed Action Plan

 

The report highlighted the need to review the bonus schemes in operation.

 

(e) Statutory Performance Indicators: Overview of Arrangements

 

(f) Tayside Superannuation Fund

 

It was noted that the Financial Regulations for the Superannuation Funds had been revised at a meeting of the Policy and Resources Committee on 8th March, 2004.

 

Each report summarised the principal focus of the review and the main audit findings. Action Plans detailed recommendations where further improvements could be made.

 

The Sub-Committee noted the information contained in the report

 

II INTERNAL AUDIT REPORTS

 

There was submitted Report No 412-2004 by the Chief Internal Auditor providing a summary of the Internal Audit Reports finalised since the last Sub-Committee meeting on 19th January, 2004.

 

The internal audit work covered the following subjects:-

 

(a) Finance Department Construction Industry Scheme (CIS)

 

(b) Support Services Department Registrar: Income Security and Banking Procedures

 

(c) Housing Department Management and Collection of Rent Arrears

 

The Chief Internal Auditor stated that full copies of the reports were available upon request.

 

The Sub-Committee noted the information contained in the report.

 

The Sub-Committee resolved under Section 50(A)(4) of the Local Government (Scotland) Act 1973 that the press and public be excluded from the meeting for the undernoted item of business on the grounds that it involved the likely disclosure of exempt information as defined in paragraphs 8 and 9 of Part 1 of Schedule 7A of the Act.

 

III EXTERNAL AUDIT REPORTS

 

There was submitted Report No 413-2004 by the Chief Auditor (Audit Scotland) detailing External Audit Reports finalised since the last Sub-Committee meeting on 19th January, 2004.

 

The following reports relating to the 2002/03 and the 2003/04 audits had been finalised:-

 

(a) AXIS Pensions Management System ICT Review

 

(b) Computer Services Review Follow-up

 

(c) Computer Network Services Review Follow-up

 

Each report set out the principal focus of the review and summarised the main audit findings. The Action Plans contained detailed recommendations on the areas where further improvements could be achieved.

 

The Sub-Committee noted the information contained in the report.

 

 

 

 

GEORGE REGAN, Convener