Thanet Banner Image
You are here: TDC Home Page > Council & Democracy > Governance > Annual Governance Statement

Annual Governance Statement 2007/08

The Accounts and Audit Regulations 2003 (amended 2006) introduced the requirement for a statement on internal control to be prepared by local government bodies from the financial year 2003/2004:

 

“The relevant body shall be responsible for ensuring that the financial management of the body is adequate and effective and that the body has a sound system on internal control which facilitates the effective exercise of that body’s functions and which includes arrangements for the management of risk.”

 

At least once a year, a review must take place of the effectiveness of the systems of internal control and an Annual Governance Statement (AGS) [formerly the Statement on Internal Control (SIC)] must be included within the Financial Statement.

 

Thanet District Council's Governance and Audit Committee approved the Annual Governance Statement 2007/08 and supporting document at its meeting on the 26 June 2008.

 

This document is separated into 5 sections:

 

1.  Scope of responsibility

 

2.  The purpose of the governance framework

 

3.  The governance framework

 

4.  Review of effectiveness

 

5.  Significant governance issues

 

and forms part of the the Council's Statement of Accounts 2007/08

 
Download Browsealoud here
 
Send us your comments | Web and Accessibility | Web Performance | © Copyright Thanet District Council
Thanet District Council, PO Box 9, Cecil Street, Margate, Kent, CT9 1XZ Telephone: 01843-577000 Fax: 01843-290906 Visit: www.portoframsgate.co.uk | www.visitthanet.co.uk | www.thanetcoast.org.uk | www.thanetyouthmatters.co.uk