9 2021/22 Internal Audit and Counter Fraud Progress Report PDF 196 KB
Minutes:
The Committee considered a report of the Assistant Director of Corporate Governance and Strategic Financial Management, which summarised the work carried out by the Audit team from 1st April 2021 to 28th February 2022. The team has continued to prioritise work on the Fundamental Financial Systems (FFS) reviews to support the 2021/2022 audit of the financial accounts. Several Interim FFS reviews had reached the draft report stage, with the balance to follow in the final quarter of 2021/2022.
In addition, other Audit and Counter Fraud Team activity included:
· Continued support in respect of COVID-19 grant funding regimes, including the Homelessness Prevention Grant and Business Grants.
· Compilation of the Annual Audit and Counter Fraud Plan for this Committee.
· The Counter Fraud and Direct Payments Audit Teams (Children and Adults) had continued to deliver significant recovery outcomes which generated £393,969 and £2,809,216 (respectively) in the first eleven months of the current financial year.
Resolved:
That the 2021/2022 Audit and Counter Fraud Progress Report be noted.