79 Internal Audit Service Annual Report 2013-14. PDF 110 KB
(Report of the Consortium Treasurer)
Additional documents:
Minutes:
The Management Committee received a report of the Consortium Treasurer presenting the Internal Audit Service Annual Report for 2013/14. A copy of the report marked ‘Item 10’ is filed with these minutes.
Arising from discussion the following points were noted:
(i) That the Finance and Audit Subcommittee,in considering the draft Annual report had noted continuing improvement in ESPO’s governance, risk management and internal controls;
(ii) Overall performance against the 2013/14 Internal Audit Annual Plan continued to be positive, although there were some uncompleted audits to be carried over to 2014/15 which would continue to be monitored by the Subcommittee in the normal fashion.
RESOLVED:
That the Internal Audit Service Annual Report for 2013/14 be noted.
15 Internal Audit Service Annual Report 2012-13. PDF 69 KB
(Report of the Consortium Treasurer)
Additional documents:
Minutes:
The Management Committee received a report of the Consortium Treasurer presenting the Internal Audit Service Annual Report for 2012-13. A copy of the report marked ‘Item 10’ is filed with these minutes.
Arising from discussion the following points were noted:
(i) Members were pleased to note that the overall opinion provided by the Head of Internal Audit Service recognised: a substantial strengthening of ESPO's governance arrangements; a robust risk management framework and plans to improve awareness of risk management; and that the operation and management of the core financial systems of ESPO were of a sufficient standard to provide for the proper administration of its financial affairs;
(ii) The Director sought to ensure that ESPO improved its procedures and processes continuously. Members had a significant role to play in this process of improvement.
RESOLVED:
That the Internal Audit Service Annual Report for 2012-13 be noted.