Issue - meetings

Internal Audit Progress Report

Meeting: 13/03/2019 - Audit and Governance Committee (Item 9)

9 Internal Audit Progress Report pdf icon PDF 83 KB

To consider the report of the Audit Managers.

 

Additional documents:

Minutes:

The Audit Manager (HP) presented the report which provided a review of the internal audit work carried out during the period 1st October to 31st December 2018, advised on the Audit Plan progress and any emerging issues requiring Members’ consideration. Members were informed that that the agreed actions from previous audit reports were being progressed and that there were no instances of management failing to implement remedial action within a reasonable time.

 

The audit reports issued during the period had good assurance ratings and there were no significant issues with the audit work that had been undertaken throughout the year. The plan was on target and was considered to be a positive report. Members were informed that the issues identified in Appendix C, were being monitored and actioned accordingly.

 

In response to a Member’s question the Chief Finance Officer explained that the current Finance Management System was over 14 years old. Strata would be implementing a convergence project to align the management systems of Exeter City Council, Teignbridge and East Devon District Councils, into a single, industry standard system. An interim solution would be required for the short term, however it was expected that tenders for a longer term solution would go out within 12 months.

 

The Audit and Governance Committee noted the Internal Audit Report for the third quarter of 2018/19.