External audit annual letter 2005/06

Report: 12
Date: 25 January 2007
By: Treasurer

Summary

The external auditor has issued his annual letter to members of the Authority following the audit of the 2005/06 accounts. Corporate Governance Committee considered the letter at its last meeting on 15 December 2006. Members are asked to receive the annual letter.

A. Recommendation

That the external auditor’s annual letter be received.

B. Supporting information

1. At the conclusion of the annual audit of the Authority’s accounts the external auditor issues a letter to the members of the Authority summarising the significant issues that have arisen as a result of his assessment of the Authority’s performance in discharging its stewardship of public money. The letter relating to the 2005/06 audit was considered by the Corporate Governance Committee at its meeting on 15 December 2006 and is attached at Appendix 1.

2. As well as covering the work carried out as part of the external audit and value for money, the letter includes summarised information from the HMIC baseline assessment of the MPS, police performance assessment, the police use of resources evaluation (PURE) and the authority’s financial position.

3. Officers of both the MPA and MPS are developing an action plan to respond to the recommendations and this together with progress to date will be reported to the next meeting of the Corporate Governance Committee. Where appropriate, detailed actions have already been agreed with the Audit Commission.

C. Race and equality impact

There are no specific diversity implications of the actions proposed in response to the audit letter

D. Financial implications

The proposed actions will be contained within existing budgets

E. Background papers

None

F. Contact details

Report author: Ken Hunt, MPA.

For more information contact:

MPA general: 020 7202 0202
Media enquiries: 020 7202 0217/18

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