Agenda

Audit and Assurance Committee - Wednesday 21 September 2022 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 6 June 2022 PDF 328 KB General Counsel The Committee is asked to approve the minutes of the meeting of the Committee held on 6 June 2022 and authorise the Chair to sign them.
4.	Matters Arising, Actions List and Use of Delegated Authority PDF 200 KB General Counsel The Committee is asked to note the updated actions list and Use of Delegated Authority. Additional documents: appendix-1 , item 4. PDF 9 KB
	External Audit Items
5.	TfL Annual Report and Statement of Accounts for the Year Ended 31 March 2022 - To Follow PDF 435 KB Chief Finance Officer The Committee is asked to note the changes to the Annual Report and approve TfL’s Statement of Accounts for the Year Ended 31 March 2022. Additional documents: appendix-1 , item 5. PDF 10 MB
6.	Annual Audit Letter - To Follow PDF 115 KB Chief Finance Officer The Committee is asked to note the paper. Additional documents: appendix-1 , item 6. PDF 1 MB
	Audit, Risk and Assurance Items
7.	Risk and Assurance Quarter 1 Report 2022/23 PDF 287 KB Director of Risk and Assurance The Committee is asked to note the report and the exempt supplementary information on Part 2 of the agenda. Additional documents: aac-20220921-part-1-risk-and-assurance-q1-report-appendix-1 , item 7. PDF 105 KB aac-20220921-part-1-risk-and-assurance-q1-report-appendix-2 , item 7. PDF 86 KB aac-20220921-part-1-risk-and-assurance-q1-report-appendix-3 , item 7. PDF 100 KB aac-20220921-part-1-risk-and-assurance-q1-report-appendix-4 , item 7. PDF 99 KB aac-20220921-part-1-risk-and-assurance-q1-report-appendix-5 , item 7. PDF 83 KB There are a further 8 documents.View the full list of documents for item 7.
8.	Independent Investment Programme Advisory Group Quarterly Report PDF 523 KB General Counsel The Committee is asked to note the Independent Investment Programme Advisory Group’s Quarterly Report and the management responseand approve the IIPAG Work Programme for 2022. Additional documents: appendix-1 , item 8. PDF 363 KB appendix-2 , item 8. PDF 401 KB
9.	Elizabeth Line Programme Assurance Quarter 1 Report 2022/23 PDF 219 KB Director of Risk and Assurance The Committee is asked to note the report. Additional documents: appendix-1 , item 9. PDF 127 KB appendix-2 , item 9. PDF 111 KB
	Accounting and Governance
10.	Finance Control Environment Trend Indicators PDF 106 KB Chief Finance Officer The Committee is asked to note the dashboard at Appendix 1. Additional documents: appendix-1 , item 10. PDF 279 KB
11.	Freedom of Information Update PDF 147 KB General Counsel The Committee is asked to note the paper. Additional documents: Appendix 1 aac paper 2022 , item 11. PDF 100 KB Appendix 2 aac paper 2022 , item 11. PDF 144 KB Appendix 3 aac paper 2022 , item 11. PDF 129 KB
12.	Effectiveness Review of External Auditors PDF 130 KB Chief Finance Officer The Committee is asked to note the paper and the exempt supplementary information on Part 2 of the agenda.
13.	Enterprise Risk Update - Significant Security Incident (ER4) PDF 208 KB Director of Security, Policing and Enforcement The Committee is asked to note the paper and the exempt supplementary information on Part 2 of the agenda.
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 196 KB
15.	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 15. PDF 12 KB
16.	Any Other Business the Chair Considers Urgent The Chair will state the reason for urgency of any item taken.
17.	Date of Next Meeting Wednesday, 30 November 2022 at 10.00am.
18.	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
19.	Annual Audit Letter - To Follow Exempt supplementary information relating to the item on Part 1.
20.	Risk and Assurance Quarter 1 Report 2022/23 View the reasons why item 20. is restricted Exempt supplementary information relating to the item on Part 1.
21.	Effectiveness Review of External Auditors View the reasons why item 21. is restricted Exempt supplementary information relating to the item on Part 1.
22.	Enterprise Risk Update - Significant Security Incident (ER4) View the reasons why item 22. is restricted Exempt supplementary information relating to the item on Part 1.