How we look after your money
We have a responsibility to residents and businesses in the county to ensure that council finances are properly managed. We take the following measures to ensure that this happens:
- internal audits – an independent review of our financial systems and controls carried out by the council’s Internal Audit service
- external audit – a review of our finances carried out by an independent auditor for the Audit Commission
- asset management – ensuring effective management of the council’s property portfolio
- anti-fraud and corruption strategy – detecting and preventing fraud against the council and encouraging people to report any suspected fraud.
Asset management
Asset management is a system put in place to ensure effective management of the council’s property portfolio. It aims to provide value for money for residents and to maximise the benefits of the Council’s capital and revenue. The strategy explains how this will be achieved.
The Audit Commission annual inspection
This summarises important issues arising from the previous financial year. It also comments on current issues affecting the council and expresses an opinion on the audit.
