Wednesday, 1 November 2017
This meeting will be held in the Council Chamber, Mendip District Council, Shepton Mallet at 6.30 pm.
1 CHAIR'S ANNOUNCEMENTS
The Chair will give their announcements. Mobile phones should be switched to silent and the evacuation procedures in the event of an emergency will be explained.
2 APOLOGIES FOR ABSENCE
To receive apologies from Members who are unable to attend the meeting.
3 DECLARATIONS OF INTEREST
If a member of the Audit Committee or other member of the Council present at the meeting has a personal or prejudicial interest in any agenda item during this meeting they should declare its existence and nature publicly.
4 PUBLIC PARTICIPATION
a) For items on the agenda
b) For items not on the agenda
5 PREVIOUS MINUTES
To confirm the minutes of the Audit Committee meeting held on 26 July 2017
6 EXTERNAL AUDIT UPDATE REPORT
This paper provides the Audit Committee with a report on progress in delivering Grant Thornton's responsibilities as the Council's external auditors.
7 ANNUAL AUDIT LETTER
The Annual Audit Letter summarises the key findings arising from the work carried out by Grant Thornton at Mendip District Council for the year ended 31 March 2017.
8 TREAUSURY MANAGEMENT STRATEGY MIDYEAR UPDATE
This report reviews the treasury performance for the first 6 months of 2017/18
9 EXCLUSION OF THE PRESS AND PUBLIC
The Audit Committee is asked to consider whether a resolution should be passed to exclude the press and public from the meeting during items 10, 11 and 12 on the grounds that exempt information (as defined in Schedule 12A Local Government Act 1972) of the following description is likely to be disclosed:
Category 3 Information relating to the financial or business affairs of any particular person (including those of the Council).
10 INTERNAL AUDIT PROGRESS UPDATE
Internal Audit provides an independent and objective opinion on the Authority's control environment by evaluating its effectiveness.
11 INTERNAL AUDIT RECOMMENDATIONS MONITORING 2017/18
This paper updates the Committee on work to monitor and progress outstanding priority 4 and 5 internal audit recommendations.
12 CORPORATE RISK REGISTER UPDATE
This paper outlines the Council's approach to risk management and intended areas of work to further strengthen the Council's arrangements during 2017/18.
13 URGENT BUSINESS
To consider any other business which the Chairman decides is urgent.