Corporate Governance, Audit and Standards Committee - Thursday, 21st November, 2024 7.00 pm - Agenda

To confirm the Minutes of the Meeting held on 25th September 2024 (copy attached).

To receive the Executive Head of Finance’s Report No. FIN2418 (copy attached) which provides an update on the draft Statements of Account for the financial years 2020/21, 2021/22 and 2022/23 and the supporting disclaimer relating to the backstop issues. Delegation will be sought for the Chairman and Executive Head of Finance to sign off the Statements of Account when finalised.

To receive Report No. FIN2420 (copy attached) from the Executive Head of Finance. Representatives from the Southern Internal Audit Partnership (SIAP), will also be in attendance. The Committee are asked to approve a contract for SIAP to take on the day to day internal audit function of the Council, in advance of the Cabinet Meeting on 26th November.

To receive the Executive Head of Finance’s Report No. FIN2419 (copy attached) which sets out options for the renewal of the Council’s insurance. A representative of London Borough of Sutton Insurance will be in attendance to provide information on the self-insurance model.

To consider the Executive Head of Finance’s Report No. FIN2417 (copy attached) which sets out Treasury Management activities for 2024/25 Quarter 2 and reports on compliance with Prudential Indicators. 

To receive the Audit Manager’s Report No. AUD24/08 (copy attached), which details progress towards the implementation of the actions in the Annual Governance Statement (AGS).

To receive the Audit Manager’s Report No. AUD24/09 (copy attached), which provides an update on the 2024/25 Audit Plan.

The Committee to receive a verbal update from Executive Director, Ian Harrison, regarding the Governance Review being led by the Centre for Public Scrutiny (CfPS).