Technical Notes 2022, Issue 63 - Audit Scotland’s Annual Audit Plan for Mugdock Country Park

Please find attached Annual Audit Report for Mugdock Country Park as issued by Audit Scotland.

The annual audit plan contains an overview of the planned scope and timing of the audit work which is carried out in accordance with provisions relating to the audit of small audited bodies. In the light of the limited volume and lack of complexity of the financial transactions and its low-risk nature, Audit Scotland plan to apply the small audited body provision of the Code to the 2021/22 audit of the Park.

This means that the annual audit work can focus on the appropriateness of the disclosures in the annual governance statement and the financial sustainability of the Park. Audit Scotland will report on these areas in the 2021/22 Annual Audit Report.

Based on Audit Scotland’s work they have identified the risks in relation to Financial Sustainability, Budget Setting and Monitoring. The key audit risks are detailed in Exhibit 2 to the Report with Officers providing sources of assurance to mitigate and manage their occurrence and impact.

Under normal circumstances Audit Scotland would have been happy to take questions at the Park Board and engage with Members in relation to any aspect of the Report.  Should Members wish to take up this offer their contact details are as follows.

Peter Lindsay – PLindsay@audit-scotland.gov.uk