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Internal Audit PDF Print E-mail

Internal audit is a key component of the system of internal control. Its purpose is to review whether the systems of financial control and other controls over the activities of the council are adequate, effective, and in line with current regulations. Internal audit does not actively seek evidence of fraud, corruption, error or mistakes, but can assist the council in its responsibility for the prevention and detection of such occurrences.

The Internal Auditor is independent of the operations (financial control/management) of the Council and competent in the understanding of the law as applicable to Local Councils, of simple accounting and basic PAYE and VAT requirements.

Ilkley Parish Council has appointed Mrs Diane Brown as its Internal Auditor.

The scope of the internal audit is reviewed annual and agreed by the Council. For 2016/17 the scope of the internal audit is as follows:

 

April Visit

  • To incorporate the Financial Year end
  • Sign off the Annual Return for the External Audit
  • Asset Register Examination
  • Internal Control Documentation check
  • Annual Financial policies check

September Visit

  • Mid -year operational financial check to include income/expenditure transaction sampling
  • Examination of financial procedures and systems
  • VAT examination
  • Petty Cash
  • Salary examination (SLA Bradford Council)
  • Appraisal discussion

January Visit

  • Budget Preparation discussion- the year ahead
  • Precept Discussion
  • Preparation for the year end
  • Sampling of transactions for year end
  • Risk Assessment discussion
  • Legislative changes when appropriate

If you would like to view the Council's internal audit reports please contact the Clerk.

 

 

Last Updated on Thursday, 07 June 2018 08:33