Issue - meetings

To receive and consider report 57/05 of the Strategic Director. 

(Time: 3.03pm to 3.05pm)

The Executive received and considered report 57/05 of the Strategic Director which summarised the out-turn of the 2004/05 Internal Audit Plan.  This showed significant improvement since progress was reported in December 2004.  The report also summarised all assignments completed as part of the 2004/05 plan, and all unplanned assignments carried out during the year.  Finally, the report highlighted any unactioned Internal Audit reports where the Action Plan containing the Internal Audit recommendations had not been returned to Audit with the proposed corrective actions. 

The target for the out-turn (proportion of the audit plan achieved) in 2004/05 was 75%.  The actual out-turn was 61%.  However, it was noted that audits were carried out in ten months of the year, which over the course of twelve months would have given an out-turn of 73%. 

RESOLVED

that the improved performance of Internal Audit in 2004/05 be noted.