Agenda

Audit and Assurance Committee - Wednesday 15 September 2021 10:00

Venue: Conference Rooms 1&2, Ground Floor, Palestra, 197 Blackfriars Road, London, SE1 8NJ

Contact: Sue Riley, Secretariat Officer

Items
No.	Item
1.	Apologies for Absence and Chair's Announcements
2.	Declarations of Interests General Counsel Members are reminded that any interests in a matter under discussion must be declared at the start of the meeting, or at the commencement of the item of business. Members must not take part in any discussion or decision on such a matter and, depending on the nature of the interest, may be asked to leave the room during the discussion.
3.	Minutes of the Meeting of the Committee held on 7 June 2021 PDF 393 KB General Counsel The Committee is asked to approve the minutes of the meeting of the Committee held on 7 June 2021 and authorise the Chair to sign them.
4.	Matters Arising and Actions List PDF 13 KB General Counsel The Committee is asked to note the updated actions list. Additional documents: appendix 1 , item 4. PDF 110 KB
	External Audit Items
5.	Annual Audit Letter PDF 117 KB Chief Finance Officer The Committee is asked to note the letter. Additional documents: appendix 1 , item 5. PDF 2 MB
	Audit, Risk and Assurance Items
6.	Risk and Assurance Quarter 1 Report 2021/22 PDF 196 KB Director of Risk and Assurance Report The Committee is asked to note the report and the supplemental information on Part 2 of the agenda. Additional documents: appendix 1 , item 6. PDF 452 KB appendix 2 , item 6. PDF 473 KB appendix 3 , item 6. PDF 448 KB appendix 5 , item 6. PDF 438 KB appendix 4 , item 6. PDF 452 KB There are a further 6 documents.View the full list of documents for item 6.
7.	Elizabeth Line Programme Assurance Quarter 1 Report 2021/22 PDF 290 KB Chief Finance Officer, Crossrail The Committee is asked to note the report and the supplemental information on Part 2 of the agenda. Additional documents: appendix 1 , item 7. PDF 384 KB appendix 2 , item 7. PDF 400 KB appendix 3 , item 7. PDF 246 KB appendix 4 , item 7. PDF 243 KB appendix 5 , item 7. PDF 243 KB appendix 6 , item 7. PDF 344 KB
8.	Independent Investment Programme Advisory Group Quarterly Report PDF 359 KB Director of Risk and Assurance The Committee is asked to note the Programme Advisory Group’s Quarterly Report and the management response. Additional documents: appendix 1 , item 8. PDF 210 KB appendix 2 , item 8. PDF 431 KB
	Accounting and Governance
9.	TfL Statement of Accounts Year Ended 31 March 2021 - Changes Made Prior to Finalisation PDF 260 KB Chief Finance Officer The Committee is asked to note the paper. Additional documents: appendix 1 , item 9. PDF 136 MB
10.	Effectiveness Review of the External Auditors PDF 266 KB Chief Finance Officer The Committee is asked to note the paper and the supplemental information on Part 2 of the agenda.
11.	Appointment of External Auditors PDF 274 KB Chief Finance Officer The Committee is asked to approve the proposal to opt in to the national scheme for the appointment of auditors for a period of five yearscommencing withthe auditof the2023/24 financial year.
12.	Freedom of Information Update PDF 144 KB General Counsel The Committee is asked to note the paper. Additional documents: appendix 1 , item 12. PDF 107 KB appendix 2 , item 12. PDF 103 KB appendix 3 , item 12. PDF 47 KB
13.	Finance Control Environment Trend Indicators and Transformation Update PDF 256 KB Chief Finance Officer The Committee is asked to note the paper. Additional documents: appendix 1 , item 13. PDF 1 MB
14.	Register of Gifts and Hospitality for Members and Senior Staff PDF 137 KB General Counsel The Committee is asked to note the paper. Additional documents: appendix 1 , item 14. PDF 160 KB
15.	Enterprise Risk Update - Major Security Incident (ER4) PDF 345 KB Director of Compliance, Policing, Operations and Security The Committee is asked to note the paper and the supplemental information on Part 2 of the agenda.
16.	Members' Suggestions for Future Discussion Items PDF 104 KB General Counsel The Committee is asked to note the forward plan and is invited to raise any suggestions for future discussion items for the forward plan and for informal briefings. Additional documents: appendix 1 , item 16. PDF 245 KB
17.	Any Other Business the Chair Considers Urgent The Chair will state the reason for urgency of any item taken.
18.	Date of Next Meeting Wednesday 1 December 2021 at 10.00am.
19.	Exclusion of Press and Public The Committee is recommended to agree to exclude the press and public from the meeting, in accordance with paragraphs 3, 5 & 7 of Schedule 12A to the Local Government Act 1972 (as amended), in order to consider the following items of business.
	Agenda Part 2
20.	Risk and Assurance Quarter 1 Report 2021/22 View the reasons why item 20. is restricted Director of Risk and Assurance Exempt supplemental information relating to the item on Part 1.
21.	Elizabeth Line Programme Assurance Quarter 1 Report 2021/22 View the reasons why item 21. is restricted Chief Finance Officer, Crossrail Exempt supplemental information relating to the item on Part 1.
22.	Effectiveness Review of the External Auditors View the reasons why item 22. is restricted Chief Finance Officer Exempt supplemental information relating to the item on Part 1.
23.	Enterprise Risk Update - Major Security Incident (ER4) View the reasons why item 23. is restricted Director of Compliance, Policing, Operations and Security Exempt supplemental information relating to the item on Part 1.