Agenda item

Stuart Cutts, Assistant Director - Audit Assurance, Veritau was present at the meeting to present the report and answer any Members questions.

It was noted that the Authority had received substantial assurance overall in a year of organisational change and upheaval combined with the introduction of the new accounting system and that this is very reassuring.

There was question regarding project management and the monitoring of major projects once they have commenced.  This has been noted and project management will form a large part of the work of the new Audit, Budget and Project Risk Monitoring Group and is in their terms of reference.

The transfer of the accounting system was mentioned in the audit report as a possible risk.  The Finance Manager confirmed that there were no issues or cause for concern as year end had been completed without any problems.

The recommendation as set out in the report was moved, seconded, voted on and carried.

RESOLVED:

To note the 2023/24 Internal Audit Annual Report as set out in Appendix 1 of the report.