Issue - meetings
Financial Monitoring 31 March 2021
Meeting: 27/04/2021 - Risk, Audit and Performance Committee (Item 9)
9 Financial Monitoring 31 March 2021 - HSCP.21.049 - Late Report 
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Additional documents:
Decision:
The Committee resolved :-
(i) to note the report in relation to the Integration Joint Board (IJB) budget and the information on areas of risk and management action that are contained therein;
(ii) to approve the budget virements indicated in Appendix F; and
(iii) to acknowledge the unique and at times difficult environment navigated over the pandemic periods and appreciate the work of the Chief Finance Officer and his team which has assisted the Committee and the IJB to discharge its responsibilities.
Minutes:
The Committee had before it the report from the Chief Finance Officer (CFO), ACHSCP which presented information to the Committee to review and comment on the unaudited final accounts for 2020/21.
The CFO provided members with a summary of the report which was presented in the similar format to previous reports.
Members heard of shifts in financial demand due to the pandemic and the volume of activity to plan and revisit spending which had added to the required virements.
Members discussed these challenges and explored areas of financial risk and mitigation and of the opportunities to influence the wider ‘lessons learned’ report being developed for the IJB.
The Chair stated his appreciation of the work of the CFO and his team which had assisted both the Committee and the IJB to discharge its responsibilities.
Members agreed that this should be recorded within the minute.
The report recommended :-
that the Committee –
a) note the report in relation to the Integration Joint Board (IJB) budget and the information on areas of risk and management action that are contained therein; and
b) approve the budget virements indicated in Appendix F
The Committee resolved :-
(i) to approve the recommendations; and
(ii) to acknowledge the unique and at times difficult environment navigated over the pandemic periods and appreciate the work of the Chief Finance Officer and his team which has assisted the Committee and the IJB to discharge its responsibilities.