Issue - meetings

Covid-19 Risk Considerations

Meeting: 24/03/2022 - Audit Committee (Item 7)

7 Covid-19 Risk Considerations pdf icon PDF 253 KB

To receive and note an update on Covid-19 risk considerations from the Internal Audit Manager.

Additional documents:

Minutes:

The Internal Audit Manager presented her report which highlighted the pandemic recovery risks for Spelthorne and mitigation measures in place. Those risks affected by external factors were again highlighted in blue.  

There were overlaps and synergies with the risks in the Corporate Risk Register and, in particular, relating to the economy and finances.  

 

The Committee’s view was sought on future risk reporting and whether this should be extended beyond the pandemic to include other factors.

It was agreed that it was appropriate to widen the focus to include external factors such as the international political situation, increased energy costs and the rate of inflation. There was some discussion as to whether these risks should be merged into the main Corporate Risk Register or if two separate reports should be retained and the consensus was that it was appropriate to keep them separate.

 

Resolved to:

 

1.    Note the COVID-19 pandemic recovery risk report and Risk Assessment at Appendix 1.

2.    For future risk reporting, support redefining the focus from the pandemic to wider externalities impacting the Council and its communities, including the macroeconomic environment and geopolitical uncertainty.