Audit and Standards Committee 12th February 2015

The next meeting of the Audit and Standards Committee promises to be a busy and interesting session, with particular focus being on our External Auditors who will be presenting no less than three reports to our Independent and Elected members.

External Auditors Report – Audit and Standards Committee Update

The Committee shall be receiving a report from the External Auditors which will outline their progress in delivering their responsibilities as the Council’s external auditors. The report also includes a summary of emerging national issues and developments and a number of challenge questions in respect of these emerging issues which the Committee may wish to consider.

External Auditors Report – 2014/15 Warwickshire County Council Audit Plan

Members of the Committee will be considering this report from the Council’s External Auditors which will inform the Council’s Audit and Standards Committee of the External Auditors plan of work in relation to the Council’s 2014/15 accounts. It is the responsibility of the Council to ensure that proper arrangements are in place for the conduct of its business, and that public money is safeguarded and properly accounted for. In preparing the plan which will put before the Committee on 12th February, the Auditors have considered how the Council is fulfilling these responsibilities and the key risks it faces.

Proposal to Create a Shared Audit Service with Worcestershire County Council

At the meeting, the Committee will also consider a report on the proposal to create a shared audit service with Worcestershire County Council. The proposal involves those internal auditors currently employed by Worcestershire County Council transferring to Warwickshire from a date to be agreed in early 2015. The combined team would provide audit services to both County Councils and to their existing external clients. Following the initial approach from Worcestershire, preliminary discussions have taken place from which it is clear that this proposal offers opportunities to reduce costs, add value, and increase resilience and efficiency for both authorities whilst providing a good foundation for greater collaboration with other local authorities and the wider public sector.

The meeting starts at 10.00 on Thursday 12th February 2015 in Committee Room 2, Shire Hall, Warwick and is open to the public (click here for the agenda and reports).

If you have a question that you wish to ask at the meeting, please contact Ben Patel-Sadler at least 3 working days before the meeting. Otherwise, please arrive at least 15 minutes before the start of the meeting and ensure that the Chair is aware of the matter on which you wish to speak.

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