Agenda and decisions


Accounts, Audit and Risk Committee - Wednesday 20 January 2021 6.30 pm

Venue: Virtual meeting

Contact: Sharon Hickson, Democratic and Elections  Email: democracy@cherwell-dc.gov.uk, 01295 221554

Media

Items
No. Item

2.

Declarations of Interest

Members are asked to declare any interest and the nature of that interest which they may have in any of the items under consideration at this meeting.

Additional documents:

3.

Petitions and Requests to Address the Meeting

The Chairman to report on any requests to submit petitions or to address the meeting.

Additional documents:

4.

Minutes pdf icon PDF 215 KB

To confirm as a correct record the Minutes of the meeting of the Committee held on 18 November 2020.

Additional documents:

5.

Chairman's Announcements

To receive communications from the Chairman.

Additional documents:

6.

Urgent Business

The Chairman to advise whether they have agreed to any item of urgent business being admitted to the agenda.

 

Additional documents:

7.

Progress of Counter Fraud Service pdf icon PDF 360 KB

Report of the Senior Investigation Officer – Corporate Fraud Team

 

Purpose of report

 

The report provides an overview of the current progress of the Authority’s counter fraud response following the delegation of authority in July 2018 to Oxford City Council.

 

Recommendations

             

The Audit Committee is recommended to:

 

1.1       Review and note the current performance of the Corporate Fraud team

 

1.2       Consider future work plans as described and the impact that this will have on future performance and income to the authority.

Additional documents:

Decision:

Resolved

 

(1)          That the current performance of the work of the Corporate Fraud team be noted.

 

(2)            That the future work plans as described and the impact that this will have on future performance and income to the authority be noted.

 

8.

Internal Audit 2020/21 Progress Report pdf icon PDF 481 KB

Report of the Director of Finance

 

Purpose of report

 

The report presents the Internal Audit Progress report for 2020/21

Recommendations

            

The meeting is recommended:

 

1.1         To note the progress with the 2020/21 Internal Audit Plan and the outcome of the completed audits.

 

1.2         To review recommended best practice within CIPFA Audit Committee Guidance (2018) and agree additions to the AARC work programme.

 

Additional documents:

Decision:

Resolved

 

(1)          That the progress with the 2020/21 Internal Audit Plan and the outcome of the completed audits be noted

 

(2)          After due consideration the recommended best practice within CIPFA Audit Committee Guidance (2018) and additions to the Accounts, Audit and Risk Committee work programme be agreed.

9.

Capital, Investment and Treasury Management Strategies 2021-22 pdf icon PDF 405 KB

Report of the Director of Finance

 

Purpose of report

 

To submit the draft Capital and Investment Strategy and Treasury Management Strategy for 2021-22.

 

Recommendations

            

The meeting is recommended:

 

1.1           To recommend the draft strategies for 2021-22 to Council.

Additional documents:

Decision:

Resolved

 

(1)          That full Council be recommended to adopt the draft Treasury Management Strategies 2021-2022.

10.

2019/20 Accounts pdf icon PDF 360 KB

Verbal Update by the Director of Finance.

Additional documents:

Decision:

Resolved

 

(1)      That the Statement of Accounts 2018/19 be endorsed and once the final audit opinion is received the Director Finance (S151 Officer), in consultation with the Chairman of the Accounts, Audit and Risk Committee (or Vice Chairman in case the Chairman is unavailable) be authorised to sign the accounts and it be noted that if any material changes to the accounts are required, then an additional committee meeting would be convened to consider the changes.

 

(2)       That the Director of Finance, in consultation with the Chair of the Committee (or Deputy Chair in their absence), can make any further changes to the letters of representation that may arise during completion of the audit be agreed.

11.

Work Programme pdf icon PDF 184 KB

To consider and review the Work Programme.

Additional documents:

Decision:

Resolved

 

(1)          That the work programme be noted.