Issue - meetings
Internal Audit
Meeting: 08/02/2024 - Pension Board (Item 105)
105 Internal Audit Strategy 
PDF 280 KB
Additional documents:
- 11a. Draft ESCC Pension Fund Strategy 2024-25 Appendix 1, item 105
PDF 500 KB
View as HTML (105/2) 42 KB
- 11b. Draft ESPF Annual Audit Plan 2024-25 - Appendix 2, item 105
PDF 111 KB
View as HTML (105/3) 12 KB
- Webcast for Internal Audit Strategy
Minutes:
105.1 The Board considered the draft fund strategy and annual audit plan presented by Danny Simpson (DS) and noted the following points:
1) The Strategy has been drafted in liaison with the Section 151 officer and the Chairs of the Board and Committee.
2) The annual plan sets out the detail of the last audits, when they will be conducted and the key risks which will be addressed within these audits.
105.2 RM asked if some risks and themes will be revisited, and Officers confirmed that there are some one-off audits but that the majority span a period of time and will be revisited on a risk analysis basis and in liaison with Officers and Chairs to agree prioritisation of risks.
105.3 NS suggested that the Regulatory Compliance audit should be scheduled for later in the year following the adoption of the new general code and officers agreed to review this.
105.4 The Board RESOLVED to note the 2024/25 Internal Audit Strategy for Pensions and Annual Plan.</AI9><AI10>