Final Annual Audit Report 04-05

SCOTTISH BORDERSCOUNCILAnnual Audit Report to Scottish Borders Council and the Controller of Audit2004 / 2005ContentsCONTENTS1 Summary 12 Introduction 33 Governance 54 Performance 115 Finance 166 Action Plan 31 Appendix 1 - Statutory Performance IndicatorsScottish Borders Council Scott-MoncrieffAnnual Report to the Members and the Controller of Audit2004/2005Summary1 SUMMARYGovernance • Scottish Borders Council’s audit committee has had a positive impact on the Council’soverall corporate governance framework and is largely able to deliver the auditcommittee principles set out in the CIPFA guidance and concur with most areas of bestpractice as outlined in the Smith Report• During 2004/2005 the Council has made progress in developing its risk managementarrangements. Significant work is being carried out by the Council in 2005/2006 todevelop a robust risk management system• Audit work has confirmed that controls operating during 2004/2005 within ScottishBorders Council were generally adequate to prevent and detect fraud and otherirregularitiesPerformance• The Council is driving improvements in its approach to performance management andplanning through a series of initiatives including the delivery of its ManagementDevelopment Programme, adoption of EFQM and implementation of PRINCE 2 projectmanagement disciplines. The Council is also in the process of adopting the OGCSuccessful Delivery Toolkit• Whilst significant work has been ...