Audit & Risk (disestablished October 2016)

Agenda

Apologies

Public Participation

Conflict of Interest Declarations

Report 1

Progress Against Audit New Zealand Recommendations

Report 2

Implications for Council of proposed Financial Reporting Standards

Report 3

Audit New Zealand Annual Audit Plan (Including Proposal, Engagement and Arrangement Letters)

The following items are scheduled to be considered after the exclusion of the public:

Report 4

Risk Management Update

Report 5

Internal Audit Update

Report 6

Summary of Incidents

Report 7

Council Debtors’ Report

Resolution to Exclude the Public:

:

THAT the Audit and Risk Management Subcommittee:

1. Pursuant to the provisions of the Local Government Official Information and Meetings Act 1987, exclude the public from the following part of the proceedings of this meeting namely:

Report 4 – Risk Management Update

Grounds: Section 48(1) (a) Local Government Official Information and Meetings Act – that public conduct of this item would be likely to result in the disclosure of information for which good reason for withholding would exist under Section 7

Reason: Section 7(2) (b) Protect information where the making available of the information would be likely to unreasonably prejudice the commercial position of Council.

Report 5 - Internal Audit Update

Grounds: Section 48(1) (a) Local Government Official Information and Meetings Act – that public conduct of this item would be likely to result in the disclosure of information for which good reason for withholding would exist under Section 7

Reason: Section 7(2) (b) protect information where the making available of the information would be likely to unreasonably prejudice the commercial position of Council

Report 6 – Summary of Incidents

Grounds: Section 48(1) (a) Local Government Official Information and Meetings Act – that public conduct of this item would be likely to result in the disclosure of information for which good reason for withholding would exist under Section 7

Reason: Section 7(2) (b) Protect information where the making available of the information would be likely to unreasonably prejudice the commercial position of Council.

Report 7 - Council Debtors’ Report

Grounds: Section 48(1) (a) Local Government Official Information and Meetings Act – that public conduct of this item would be likely to result in the disclosure of information for which good reason for withholding would exist under Section 7

Reason: Section 7(2) (a) protect the privacy of natural persons, including that of deceased natural persons.

Section 7(2) (i) to enable the Council to carry out negotiations without prejudice or disadvantage.

2. Permit Audit New Zealand to remain at this meeting after the public has been excluded, because of their specialist knowledge of the matters under discussion.

Have your say!

You can make a short presentation to the Councillors at this meeting. Please let us know by noon the working day before the meeting. You can do this either by phoning 803 8334, faxing 801 3020, e-mail: public.participation@wcc.govt.nz or writing to Democratic Services, Wellington City Council, PO Box 2199, Wellington, giving your name, phone number and the issue you would like to talk about.

Electronic copies of the reports to be presented at this Audit and Risk Management Subcommittee meeting can be accessed on our website: http://www.wellington.govt.nz/haveyoursay/meetings/subcom/Audit_and_Risk_Management/schedule.html

Reports

Please note

Information and recommendations contained in all agendas and reports are recommendations only and are not to be construed, in any way, as Council policy until adopted. Minutes are unconfirmed until confirmed at a subsequent meeting.