Issue - meetings

To consider a report of the of the Borough Treasurer.

It is a requirement of the Public Sector Internal Audit Standards (PSIAS) that the Head of Internal Audit, Risk and Insurance prepares an annual report containing an overall opinion on the Council’s control framework.

The attached report contains this statement and details the audit work undertaken in the year from which the overall opinion has been drawn.

The annual report provides the evidence for the overall opinion and assurance statement of the Head of Internal Audit, Risk and Insurance and his judgement whether there is generally a sound system of internal control, adequately designed to meet the Council’s objectives, and controls are being applied consistently. The overall conclusion is either substantial, moderate, limited or no assurance.

The Committee is invited to comment on the report.

Officer Contact: John Pearsall on Tel: 474 4033 or email: john.pearsall@stockport.gov.uk

A representative of the Borough Treasurer submitted a report (copies of which had been circulated) providing details of audit work undertaken throughout the course of the year and overall conclusions in respect to that audit work.

The following comments were made/issues raised:-

·         It was suggested and agreed that all Councillors be provided with the opportunity for training in respect to GDPR.

·         The Committee noted that the findings revealed that there was moderate assurance overall and that there was a generally sound system of internal control, adequately designed to meet the Council’s objectives, and controls are generally being applied consistently.

·         Councillors welcomed the fact that there had been no evidence of significant lapses in the internal control framework and that management had responded appropriately and positively to internal audit recommendations.

RESOLVED – That the report be noted.