This report provides an update on key findings emanating from Internal Audit reports issued since the last quarterly progress report.

Paul Harrington, Chief Auditor, submitted a reportproviding an update on key findings emanating from Internal Audit reports issued since the last quarterly progress report in January 2021.

The report set out a summary of the audit reports in respect of: General Ledger; NNDR and Council Tax Administration; Commercialisation; and MOSAIC Payment Controls (Finance Module).  As the Chief Auditor had given ‘limited assurance’ to MOSAIC payment controls, the full internal audit report was appended to the report.

In relation to MOSAIC Payment Controls (Finance Module), the report stated that generally supplier payments had been made in a timely manner, however there was a significant balance on supplier pre-payments.  Purchase orders were not always raised in a timely manner and whilst supplier invoices were received, inputted onto MOSAIC and matched to the relevant purchase order they were not always attached to the relevant transaction in Oracle Fusion.

The report also listed the audits that were currently in progress and gave a summary of investigations work between April 2021 and June 2021.

Resolved:     That the audit findings in relation to the MOSAIC Payment Controls (Finance Module) be noted, and the recommendations set out in the full audit report be endorsed.