We publish the minutes of our Audit and Risk Committee meetings on this page, and from April 2011 we also publish the papers from those meetings whenever appropriate.
Audit and Risk Committee Report
Following guidance given in the HM Treasury’s Audit Committee Handbook, the Audit and Risk Committee reports annually on its work and how it has discharged its responsibilities.
- Audit and Risk Committee Annual report 2023/24
- Audit and Risk Committee Annual report 2022/23
- Audit and Risk Committee Annual report 2021/22
- Audit and Risk Committee Annual report 2020/21
- Audit Committee Annual Report 2019/20
- Audit Committee Annual Report 2018/19
Audit and Risk Committee papers and minutes
25 April 2024
- Introduction and apologies – this was an oral item
- Declaration of Interests – this was an oral item
- Matters arising from the previous meeting – the minutes of the previous meeting are below
- Deputy Chief Executive Officer’s Update – this is an oral item
- Internal Audit Update:-
- Internal Audit update - at the time of the meeting this item was not for publication
- Audit reports completed since the last meeting - at the time of the meeting this item was not for publication
- Annual internal audit plan 2024/25 - at the time of the meeting this item was not for publication
- External audit update:-
- External audit update - at the time of the meeting this item was not for publication
- Environmental, Social and Governance (ESG) report
- Annual report – draft part B (Accountability Report)
- Finance
- Most recent income and Expenditure report – monthly management accounts are available on the Income & Expenditure page
- Specialist reports to be commissioned from third parties on areas of particular judgements estimates or valuations – this is an oral item
- Single tender contract awards - at the time of the meeting this item was not for publication
- Risk
- Corporate risk management - at the time of the meeting this item was not for publication
- Risk – Orange Book compliance
- Cyber Security assurance report - at the time of the meeting this item was not for publication
- Draft Audit and Risk Committee Annual Report
- Fraud and Whistleblowing report
- Security Report – at the time of the meeting this item was not for publication
- Audit and Risk Committee effectiveness review – progress update
- Implementation of lessons learned from 2022/23 ARA production
- Audit and Risk Committee annual work programme - at the time of the meeting this item was not for publication
- Any other urgent business – this was an oral item
18 January 2024
- Introduction and apologies – this was an oral item
- Declaration of Interests – this was an oral item
- Matters arising from the previous meeting – the minutes of the previous meeting are below
- Deputy Chief Executive Officer’s Update – this is an oral item
- Finance
a. Scenario planning for financial outcomes – at the time of the meeting this item was not for publication
b. Most recent income and expenditure report - monthly management accounts are available on the Income & Expenditure page
c. Changes to accounting treatments – this was an oral item
d. Single tender contract awards – this was an oral item - Risk and opportunity management
This risk and opportunity register is available as a paper on the Management Board page
a) Business Continuity and Cyber Security update, including annual review of Business Continuity Policy Statement - at the time of the meeting this item was not for publication
b) Corporate risk review outcomes, including annual review of Risk Management Policy - at the time of the meeting this item was not for publication
c) Counter fraud risk assessment findings - at the time of the meeting this item was not for publication - External audit and Annual Report
a) External audit plan 2023/24 - at the time of the meeting this item was not for publication
b) Implementation of lessons learned from 2022/23 ARA production
c) Annual report approach and timetable 2023/24 - Internal Audit
a. Internal audit quarterly update - at the time of the meeting this item was not for publication
b. Audit reports completed since the last meeting – at the time of the meeting these items were not for publication - Fraud and Whistleblowing
- Security Report – at the time of the meeting this item was not for publication
- Any other urgent business – this was an oral item