Issue - meetings

That the report be noted.

The Internal Audit Manager presented the report on Risk Management following the issuing of the final report by Internal Audit in August 2013.  He explained that risk management was one of the three areas that had to be included in the Internal Audit Annual Report brought to the Committee in June.  This work had been completed by then and the Risk Management report was now finalised.  The delay had meant that management had been able to use Internal Audit’s work in their refresh of the Risk Management Strategy.  The Internal Audit Manager gave an overview of the recommendations which concentrated on linking risks to Council objectives, and developing risk management in collaborations and projects.

Following a comment from the Chair, the Internal Audit Manager confirmed that actions had been taken through the refreshing of the Strategic Assessment of Risks & Challenges (SARC) which would require continued review.

Mr. P. Williams welcomed the improvements and remarked on the need to link risk management profiling with operational issues and to monitor.  He asked if the changes to the SARC process would be reflected in the Annual Governance Statement.  The Democracy & Governance Manager explained that as the AGS had been developed for this year, this would be pursued through the working group for next year.

Councillor G.H. Bateman sought information on the six significant risks listed in the Internal Audit report.  The Internal Audit Manager replied that this represented where specific risks were considered and how they were reported.

RESOLVED:

That the report be noted.