Agenda

Audit Committee - Thursday, 19 November 2020 7.00pm

Venue: Virtual Meeting

Contact: Wayne Hemingway, Principal Democratic Services Officer 

Media

Items
No. Item

1.

Apologies for absence

2.

Record of meeting pdf icon PDF 83 KB

To approve the record of the meeting held on 24 September 2020.

3.

Urgent matters by reason of special circumstances

The Chairman will announce any late items which do not appear on the main agenda but which he/she has agreed should be considered by reason of special circumstances to be specified in the report.

4.

Disclosable Pecuniary Interests and Other Significant Interests pdf icon PDF 371 KB

Members are invited to disclose any Disclosable Pecuniary Interests or Other Significant Interests in accordance with the Member Code of Conduct.  Guidance on this is set out in agenda item 4.

 

5.

Housing Infrastructure Fund Financial Management Reporting pdf icon PDF 297 KB

The July 2020 Audit Committee meeting raised a question on the Housing Infrastructure Fund (HIF) processes and funding requirements and requested that a report be submitted to the Committee. This report describes the interrelationships between the spend of the £170million HIF budget and the legal status of the signed Grant Determination Agreement (GDA).

6.

National Fraud Initiative Progress Report pdf icon PDF 395 KB

This report provides an update on the National Fraud Initiative (NFI) exercise.

7.

External Audit Plan 2019/20 pdf icon PDF 222 KB

This report presents the External Audit Plan of the Council’s Auditors, Grant Thornton, for the audit of the Council’s Statement of Accounts for the financial year 2019/20 (Appendix 1) and Update to the External Audit Plan (Appendix 2).

Additional documents:

8.

Statement of Accounts 2019/20 and Audit Findings Report 2019/20 pdf icon PDF 280 KB

This report presents the Draft Statement of Accounts 2019/20 for Medway Council presented at Appendix 1 and provides an update on the ongoing audit by Grant Thornton with their Audit Findings Report, presented at Appendix 2.

 

The Accounts and Audit Regulations (Coronavirus) (Amendment) 2020 require that the Audit Committee consider the issues raised by the external auditors prior to approval of the Statement of Accounts.

Additional documents:

9.

Whistleblowing Policy pdf icon PDF 200 KB

This report presents a draft “Speak Up” policy as a new whistleblowing policy for Members to consider and comment upon.

Additional documents: