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Agenda Item No

 

The Vale of Glamorgan Council

 

Audit Committee: 19th September 2011

 

Report from the Head of Accountancy and Resource Management

 

Audit Committee - Anti-Fraud and Bribery Policy

 

Purpose of the Report

1.             This report asks the Committee to consider and agree an updated and revised Anti-Fraud and Bribery Policy.

Recommendation

1.             THAT Members agree the revised Anti-Fraud and Bribery Policy as set out in Appendix A.

Reason for the Recommendation

1.             To keep the Audit Committee informed.

Background

2.             All public and private sector organisations are affected in some way or another by fraudulent or corrupt activities committed either within the organisation or externally.

3.             It is recognised as best practice by many organisations including CIPFA, The Institute of Internal Auditors, Wales Audit Office and the Council's External Auditors - Grant Thornton UK LLP that Anti-Fraud Policies are an important way to communicate an organisation's stance with regard to fraud and corruption.

4.             It has been some time since the current policy document was reviewed and updated.  The document has now been reviewed and the Committee is asked to agree the new policy.

Relevant Issues and Options

5.             The Anti-Fraud and Bribery Policy summarises the Council's position with regard to fraud and corruption, building on the content of a number of corporate policy statements incorporated in the Council's constitution, including Members' Code of Conduct; Officers' Code of Conduct; Whistleblowing Policy; Financial Regulations and Contract Standing Orders.

6.             It is imperative that Anti-Fraud policies reflect the "tone at the top" of an organisation, making clear that fraud and corruption will not be tolerated.  Attached at Appendix A is the updated Anti-Fraud and Bribery Policy for approval.

Resource Implications (Financial and Employment and Climate Change if appropriate)

7.             None as a direct consequence of this report.

Legal Implications (to Include Human Rights Implications)

8.             Provision of an adequate and effective Internal Audit function is a legal requirement under the Accounts and Audit (Wales) Regulations 2005.  The Legal Services Department has been consulted in the drafting of the amended policy and their comments have been incorporated.

Crime and Disorder Implications

9.             Pursuing initiatives to prevent, detect and deter crime is encompassed within the terms of reference under which the audit function operates.

Equal Opportunities Implications (to include Welsh Language issues)

10.        None as a direct consequence of this report.

Corporate/Service Objectives

11.        The work of audit is intended to assist in the achievement of all corporate and service objectives.

Policy Framework and Budget

12.        The proposals in this report do not contravene the policy framework and budget.

Consultation (including Ward Member Consultation)

13.        No further consultation is proposed.

Relevant Scrutiny Committee

14.        Corporate Resources.

Background Papers

None

Contact Officer

Alan Jenkins - Head of Accountancy and Resource Management Tel: 01446 709254

Officers Consulted

External Audit Manager - Grant Thornton UK LLP

Responsible Officer:

Alan Jenkins - Head of Accountancy and Resource Management

 

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