Transport for London 

AUDIT COMMITTEE – Open Session

Meeting to be held on Friday 15 June 2007 at 14.30 pm
in the 14th floor Boardroom, Windsor House

AGENDA 

1.		Apologies for absence
		
2.		Minutes of previous meeting	
2.1   Matters Arising and Outstanding Actions Monitoring Report	
	
3.		Strategic Risk Management Progress Report	John Burton   	
4.		Internal Audit Matters:
4.1	Report on Management Actions
4.2	Q4 2006/07 Final Internal Audit reports
4.3	Q4 Productivity and Resources report
4.4	Internal Audit Report	Mary Hardy

	

5.		Accounting and Governance
5.1	General Counsel’s Annual Report on Compliance with the Code of Corporate Governance
5.2	Internal Audit Opinion on Statement of Assurance on Corporate Governance
5.3	The Statement of Corporate Governance Assurance to be included in the Annual Statement of Accounts
5.4	Review of Statement of Accounts
5.5	Report on Audit of Accounts and Accounting Policies

Howard Carter

Mary Hardy

Howard Carter

Stephen Critchley

KPMG	
6.		External Audit Matters
6.1	Presentation on Independence and Objectivity
6.2	Report on Non-Audit fees for 6 months ended 31.03.07
6.3	Proposed fees for the audit of TfL, Street Management and PCO for the year ended 31.03.08
	
KPMG	
7.	Any Other Business		
	
A private session will be held with the external auditors at the conclusion of this meeting.

The next meeting of the Audit Committee will be held on 12 September at 1000 hours.