The Audit and Risk Committee of Lambeth Council is scheduled to convene on Monday 22 June 2026. The meeting's agenda includes a review of the council's financial statements, internal audit progress, and key risk areas.

Update on the Council's Action Plan Response to External Auditor Recommendations

A significant item scheduled for discussion is an update on the council's action plan in response to recommendations made by the external auditor. This update, authorised by Zena Cooke, Corporate Director of Resources, will provide information on how the council is addressing points raised under paragraph 2 of Schedule 7 of the Local Audit and Accountability Act 2014. The report pack indicates that this topic is scheduled for discussion, but it is not possible to know what will be discussed or any decisions that may be made.

Statement of Accounts 2025/26 and Accounting Policies

The committee is also set to receive an update on the Statement of Accounts for 2025/26, along with information on accounting policies for the same period and an update on the closedown and accounts improvement plan. This report, also authorised by Zena Cooke, is expected to cover progress and any necessary improvements related to the council's financial reporting.

External Audit Update

An update on the external audit is scheduled, with the report pack indicating this will cover the period up to 31 March 2026. This item is expected to provide information from the council's external auditors, Forvis Mazars LLP, regarding their work.

Annual Governance Statement

The committee's agenda also includes the Annual Governance Statement. This statement typically provides an overview of the council's governance arrangements and any actions taken to address identified issues.

Internal Audit Progress Report

An update on the progress of internal audit for the 2025-26 and 2026-27 periods is scheduled. This report, authorised by Zena Cooke and with contact details for Paul Rock, Assistant Director Internal Audit and Counter Fraud, will likely detail the work undertaken by the internal audit team and progress on implementing management actions arising from previous audits.

Counter Fraud Progress Report

The committee will receive a progress report on counter fraud activity for 2026-27. This report, authorised by Zena Cooke and with contact details for Michael O'Reilly, Head of Counter Fraud, will outline the work undertaken by the counter fraud service.

Committee Annual Report to Full Council

A draft of the former Corporate Committee's Annual Report for 2025-26 is scheduled for review. This report, also authorised by Zena Cooke, is intended to summarise the committee's activities and responsibilities discharged during the year, for submission to the full council.

Key Risk Summary

A summary of the council's key risks for Quarter 4 of 2025/26 is also on the agenda. This report, authorised by Zena Cooke and with contact details for James Rimmington, Risk Manager, is expected to provide an overview of the most significant risks facing the council and the assurance received on their management.

Assurance on Key Council Risks

The committee will receive a report providing assurance on key risks held by the Integrated Health and Adult Social Care Directorate. This report, authorised by Andrew Eyres, Corporate Director Integrated Health and Adult Social Care, and with contact details for Maria Burton, Assistant Director Transformation, Adult Social Care, will focus on the directorate's significant risks and control measures.

Treasury Management Performance Report

A report on Treasury Management performance up to 31 March 2026 is also scheduled. This report, authorised by Zena Cooke, is expected to detail the performance of the council's treasury management activities.