A meeting of the Audit Committee will be held on the above date at 2.15 pm at County Hall, Exeter to

consider the following matters.

PHIL NORREY

Chief Executive

PLEASE NOTE THAT THERE WILL BE A MEMBERS TRAINING SESSION ON RISK MANAGEMENT COMMENCING AT 9.30AM ON THE SAME DAY IN THE STACEY ROOM AT COAVER CLUB

A G E N D A

PART I OPEN COMMITTEE

1. Apologies for Absence

2. Minutes

Minutes of the meeting held on 14 December 2009 (Previously circulated).

3. Items Requiring Urgent Attention

Items which in the opinion of the Chairman should be considered at the meeting as a

matter of urgency.

4. Devon Audit Partnership Additional Business

Item placed on the agenda by the Chairman in accordance with Standing Order 23(2).

5. Partnerships

Item placed on the agenda by Councillor Pennington in accordance with Standing Order 23(2).

6. Audit Progress Report

Report of the District Auditor (numbered and enclosed separately)

7. Annual Audit Letter 2008/09

Report of the District Auditor (Page 5).

8. Certification of Claims and Returns Report 2008/09

Report of the District Auditor (Page 16).

9. Audit Opinion Plan 2009/10

Report of the District Auditor (numbered and enclosed separately)

10. Risk Management

(a) Risk Management Report 2009/10

District Auditor to report.

(b) Risk Management

Report of the Chief Executive (CX/10/53) (Page 25).

11. International Financial Reporting Standards (IFRS)

(a) Countdown to IFRS

Report of the District Auditor (Page 31).

(b) International Financial Reporting Standards (IFRS)

Report of the Director of Finance (CR/10/39 - text onlyCR/10/39) (Page 33).

12. Internal Audit Plans for 2010-11

Report of the Director of Finance (CR/10/35) (Page 38).

13. Updated Internal Audit Charter and Strategy

Report of the Director of Finance (CR/10/36) (Page 47).

14. Post Implementation Review - PRiSM.

Report of the Director of Finance (FI/09/22 - text only | pdf FI/09/22) (Page 56).

15. Date of Next Meeting

Thursday 24 June 2010 at 2.15pm

PART II ITEMS WHICH MAY BE TAKEN IN THE ABSENCE OF PRESS AND PUBLIC ON THE GROUNDS THAT EXEMPT INFORMATION MAY BE DISCLOSED

Nil.

Members are reminded that Part II Reports contain confidential information and should therefore be treated accordingly. They should not be disclosed or passed on to any other person(s). Members are also reminded of the need to dispose of such reports carefully and are therefore invited to return them to the Committee Secretary at the conclusion of the meeting for disposal

MEMBERS ARE REQUESTED TO SIGN THE ATTENDANCE REGISTER

Membership
Sir Simon Day (Chairman), Councillors Greenslade, Hannon, McMurray, Moulding (Vice-Chairman) Parsons and Pennington
Declaration of Interests
Members are reminded that they must declare any interest they may have in any item to be considered at this meeting, prior to any discussion taking place on that item.
Access to Information
Any person wishing to inspect any minutes, reports or lists of background papers relating to any item on this agenda should contact Brian Wilkinson on 01392 382255.
Internet
Agendas and minutes of this Committee together with any officers reports considered at the meeting are published online on the Council s Website at:- http://www.devon-cc.gov.uk/dcc/committee/mingifs.html
Webcasting of Meetings
The proceedings of this meeting may be recorded for broadcasting on the internet via the County Council s website Information Devon . The whole of the meeting will be broadcast apart from any confidential items which may need to be considered in the absence of the press and public. For more information go to: http://www.devon.gov.uk/index/councildemocracy/decision_making/webcasting.htm
Copies of this Agenda and/or Reports may be made available in other formats (e.g. large print, audio tape, Braille or other languages). Please contact the Information Centre on 01392 380101 for more information.