Annual internal audit report 2015/16 to
Enter name of smaller authority here: Newland Parish Council This smaller authority's internal audit, acting independently and on the basis of an assessment of risk, carried out a selective assessment of compliance with relevant procedures and controls expected to be in operation during the financial year ended 31 March 2016.Internal audit has been carried out in accordance with this smaller authority's needs and planned coverage. On the basis of the findings in the areas examined, the internal audit conclusions are summar ised in this table. Set out below are the objectives of internal control and alongside are the internal audit conclusions on whether , in all significant respects, the control objectives were being achieved throughout the financial year to a standard adequate to meet the needs of this smaller authority. Appropriate accounting records have been kept properly throughout the year. / B. This smaller authority met its financial regulations,payments were supported by invoices.all expenditure was approved and VAT was appropriately accounted for. / C. This smaller authority assessed the significant risks to achieving its objectives and reviewed the adequacy of arrangements to manage these.
H. Asset and investments registers were complete and accurate and properly maintained. I. Periodic and year-end bank account reconciliations were properly carried out. J. Accounting statements prepared during the year were prepared on the correct accounting basis / (receipts and payments or income and expenditure), agreed to the cash book, supported by an adequate audit trail from underlying records and where appropriate debtors and creditors were properly recorded. K. (For localcouncils only) I INot Trust funds (including charitable) -The counc ilmet its responsibilities as a trustee. No For any other risk areas identified by this smaller authority adequate controls existed (list any other risk areas below or on separate sheets if needed) . Name of person who carried out the internal audit ' -Brian Hopper _ Signature of person who carried out the internal audit B Hopper Date 28?4/2016 .---------------------------------------- *If the response is 'no' please state the implications and action being taken to address any weakness in control identif;;-;J (add separate sheets if needed). **Note: If the response is 'not covered' please state when the most recent internal audit work was done in this area and when it is next planned, or, if coverage is not required.internalaudit must explain why not (add separate sheets if needed}. - - Page 5 of 6 |
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