Annual Report and Accounts 2009-10 - Welfare Reform impact ...

Audit service
The Comptroller and Auditor
General is the statutory auditor
for the ILF. In addition, we worked
with professional internal auditors,
RSM Tenon.
The programme of internal audit
was agreed at the beginning of the
business year. However, given the
extent of our change programme
this year we built in additional
flexibility to ensure that foreseeable
issues, such as the robustness of our
IT security, could be addressed.
Internal audit has been able to
provide assurance and advice to
ensure that larger scale projects
such as the introduction of the
Government Secure Intranet and
‘thin client’ remained on target.
Audit Committee
The Audit Committee appointed by
Trustees advises both the Accounting
Officer and the Board of Trustees.
The Committee’s terms and
conditions satisfy the requirements
for governance of public bodies.
Our Audit Committee agrees our
internal audit programme on an
annual basis and liaises with the
statutory auditor. The Committee
met three times during the year
as scheduled.
Its role is to challenge the executive
on issues of governance and risk
management, and provide support
and assurance to both the Board of
Trustees and the Accounting Officer.
It also reviews all outstanding audit
recommendations, the strategic
risk register, data security reports,
grant recovery reports and the
effectiveness of the ILF’s internal
control checks.
In June 2009, the Audit Committee
approved the new ILF risk control
framework document, which sets
out a consistent approach to risk
for the organisation.
The framework led to the creation
of a single strategic risk register
supported by directorate risk registers.
The new risk management
process is now embedded at
senior management level and
audited as part of the internal
audit programme.
27 Annual Report and Accounts 2009-10