Decision details

Karen Murray, external auditor presented a report on an assessment of the Council's arrangements for securing financial resilience.

The committee noted that overall, the council had performed well, that it had a strong track record on delivering its budget and a robust approach to performance management. The committee also noted the main messages from the report, particularly those areas assessed as medium risk around:

·  systems of internal control;

·  responsiveness of the financial plan to meeting future challenges;

·  reviewing current procurement arrangements and implementing arrangements to strengthen these as appropriate;

·  considering whether existing arrangements provide members with adequate assurances that key risks are being properly identified, mitigated and managed.

Resolved:  That the financial resilience report for 2012/13 at Appendix A to the report now presented be noted.