Scottish Borders Council

Issue - meetings

Jim Clark Rally 2020 Public Consultation Process

Meeting: 11/03/2019 - Audit and Scrutiny Committee (Item 7)

7 Scottish Borders Council External Audit Plan for 2018/19 pdf icon PDF 448 KB

Consider overview report and plan by Audit Scotland on how they will deliver their external audit for Scottish Borders Council for the year ended 31 March 2019. (Copy attached).

Minutes:

There had been circulated copies of overview report by Audit Scotland for the year ended 31 March 2019 providing an overview of the planned scope and timing of the external audit of Scottish Borders Council which was carried out in accordance with the International Standards on Auditing Code of Audit Practice and other relevant guidance.  The Plan identified Audit Scotland’s work to provide an opinion on the financial statements and related matters and met the wider scope requirements of public sector audit, including the new approach to Best Value.  The wider scope of public audit contributed to conclusions on the appropriateness, effectiveness and impact of corporate governance, performance management arrangements and financial sustainability.  Ms Woolman, Audit Scotland explained that a number of risks to the Council had been identified and that these had been categorised into either financial or wider dimension risks along with the planned audit work for each and were detailed in the report.  Ms Woolman went on to summarise the 2018/19 audit outputs, materiality values and referred to the financial statements timetable which took account of submission requirements and planned Audit and Scrutiny Committee dates.  Ms Woolman advised that the review of Internal Audit had concluded that the Internal Audit function operated in accordance with the Public Sector Internal Audit Standards and had sound documentation standards and reporting procedures in place.  Ms Woolman highlighted that their planned work for Scottish Borders Council this year would focus on the Council’s arrangements for demonstrating Best Value in vision and leadership, partnership and collaborative working, progress with its transformation programme, performance, outcomes and procurement. The results of this would be reported in the Annual Audit Report.  Ms Woolman answered a question on clarification of materiality, explaining that the concept of materiality in planning and performing was applied and the calculation of materiality values for Scottish Borders Council were detailed in Exhibit 3 to the report.  The Chairman thanked Ms Woolman for the input from and advice given on behalf of Audit Scotland.

 

DECISION

NOTED the report.

 


 

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