The purpose of the Interim Assurance Report is to update members on the current status of control issues and bring to their attention any key internal control issues.

The Chief Internal Auditor drew Members’ attention to appendix 1 of the Interim Audit Services Assurance report and Members agreed the following points:

• Page 38 paragraph 19 – a report regarding the tendering of the audit service to be brought to the next meeting of the committee.
• Pages 39 to 40 of the report – item 5.3 risk management to remain open
• Item 5.7 to remain open and reassessed once follow up work has been carried out.
• Item 5.8 to remain open until end of financial year.
• Pages 41 to 46 of report item 40 to close.
• Item 42 – Governance improvement plan, assurance had been given that all election money had been collected to date. 
• Pages 43 to 45 of report – items 90 and 91 to remain open.
• Item 113 to close.  Items 116 and 117 to remain open.
• There were no comments from the committee with regard to appendix 2.
• Members were reminded that the audits on Earl Mortimer College and on the car park income were rated unsatisfactory and reports were given to the Chairman.  The Committee was advised that with regards to the car park income in depth testing was carried out and there was no evidence of fraud.  In relation to Earl Mortimer College there were issues around budgetary control.  The Chief Internal Auditor will provide a working note to Members on this matter.  Following a Member question the Committee was advised that any school that became an academy could use the services of the internal audit team, or could also engage an outside company.

RESOLVED: That the report be noted.