September 2013 - Bron Afon

7 Review of Internal Audit 2012/2013 – TIAA
The report was presented by Clive with the opinion that
having just one audit showing limited assurance should be
viewd positively. Questions were invited.
COMMITTEE DECISION
The Committee thanked Clive for the report, which they
accepted, and thanked him for his contribution over the
years and presented him with a card.
8 Review of Internal Audit 2012/2013 – BSS
The Report was presented by Nigel who invited questions.
COMMITTEE DECISION
The Committee thanked Nigel for the report from which
they gained assurance.
9 Emerging and Rising Risks
The Chief Executive introduced the report and spoke about
the recent fire at Tilsland, the consequent murder trial and
the critical nature of fire safety. He informed the Committee
that Bron Afon was the first in the UK to fit sprinklers as
standard to high-rise properties.
COMMITTEE QUESTIONS AND DISCUSSION
The Committee expressed the opinion that the new report
was in a much better format than previous reports.
The Committee discussed risk number 5 (Management
Competancies/Capacity/Silos between teams -p142) and it’s
relationship with the spending on staff training (Financial
Statements p43) and asked for a breakdown of expenditure
on training over type to understand how it contributes to the
improvement of performance within Bron Afon.
Head of HR
The Committee discussed issues around the difficulties of
long-term expenditure forecasts.
The Head of Property explained that we were previously
foreasting costs with a 3% contingency built-in but that
contingency was rarely utilised. As a result we are now
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