Issue - meetings

This report seeks the Committee’s formal approval of the draft Annual Governance Statement (AGS) and the arrangements made for its preparation as part of the 2018/19 financial statements.

The Committee received a report seeking approval of the draft Annual Governance Statement (AGS) and the arrangements made for its preparation as part of the 2018/19 financial statements.

The following matters were considered:

a)            VAT and bank reconciliations. The Committee requested further information regarding the issues in recording Value Added Tax and bank reconciliations detailed in paragraph 6.4 of the AGS. It was noted that following the meeting the Head of Policy, Performance & Governance would circulate further information regarding the nature of the issue, how it was identified and the interim solution implemented.

b)            Risk Management. Following a request from a Member of the Committee it was noted that the Council’s Risk Management Strategy would be circulated to Members following the meeting.

Following consideration, it was resolved:

That the Committee:

(1)      Confirmed the adequacy of the arrangements made for preparing the Annual Governance Statement;

(2)      Considered and endorsed the 2018/19 AGS prior to it being certified by the Chief Executive and the Chairman of the Strategy & Resources Committee;

(3)      Approved delegated authority to the Chief Finance Officer to make any required amendments prior to its submission with the Statement of Accounts.