The Accounts and Audit Committee of Trafford Council convened on 26 June 2024 to discuss several key reports and plans, including the approval of the AAC Annual Report to Council 2023-24, the review of the 2023-24 Draft Annual Governance Statement, and the presentation of the CFT Annual Report 2023-24. The committee also examined the Trafford MBC 22-23 Audit Strategy Memorandum and discussed the AAC 2024-25 work programme.

AAC Annual Report to Council 2023-24

The committee approved the AAC Annual Report to Council 2023-24. This report summarises the activities and achievements of the Accounts and Audit Committee over the past year. Key highlights included the successful implementation of new audit processes and the strengthening of internal controls. The committee emphasised the importance of transparency and accountability in their operations.

2023-24 Draft Annual Governance Statement

The 2023-24 Draft Annual Governance Statement was reviewed and discussed. This document outlines the council's governance framework and assesses its effectiveness over the past year. The committee noted areas of improvement, particularly in risk management and internal audit functions. Councillors highlighted the need for continuous monitoring and enhancement of governance practices to ensure robust oversight.

CFT Annual Report 2023-24

The CFT Annual Report 2023-24 was presented, detailing the Counter Fraud Team's efforts in combating fraud within the council. The report highlighted several successful investigations and the recovery of significant funds. The committee praised the team's proactive approach and stressed the importance of maintaining vigilance against fraudulent activities.

Trafford MBC 22-23 Audit Strategy Memorandum

The committee examined the Trafford MBC 22-23 Audit Strategy Memorandum, which outlines the audit approach and key areas of focus for the upcoming financial year. The memorandum emphasised the importance of financial resilience and the need to address any identified weaknesses in financial controls. The committee supported the proposed strategy and underscored the need for thorough and independent audits.

AAC 2024-25 Work Programme

The AAC 2024-25 work programme was discussed, outlining the committee's planned activities and priorities for the next year. Key focus areas include enhancing audit processes, improving risk management, and ensuring compliance with regulatory requirements. The committee agreed on the importance of setting clear objectives and regularly reviewing progress to achieve their goals.