This webinar provided an update on some of the latest issues for members of joint independent audit committees for PCCs and chief constables in England and Wales.
Alison Dewhirst, CIPFA's Police Advisor, gave an overview of the latest strategic and finance issues in policing including Home Office policy documents and finance issues, recent HMICFRS reports and developments, CIPFA's Role of CFOs in Policing and the CIPFA FM Code.
Diana Melville, CIPFA's Governance Advisor, considered the latest governance and audit issues that have implications for police joint audit committees including guidance on the Annual Governance Statement (AGS) for 2020/21, the Head of Internal Audit's annual opinion, and the annual review of internal control to support the AGS.
Andrew Kendrick, Audit Manager, Local Audit Code and Guidance Team for the National Audit Office, provided an update on the new Code of Audit Practice and its implications for audit of local police bodies, the NAO report on the timeliness of local auditor reporting in England in 2020 and the Redmond review of local audit.
Diana Melville and Richard Lloyd-Bithell, Senior Policy and Technical Manager, CIPFA, considered the governance of the treasury management function and the role of the audit committee and forthcoming changes to the Treasury Management Code from CIPFA.