Transport for London 

AUDIT COMMITTEE – Open Session

Meeting to be held on Thursday 2 November at 10:00am
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
2.1.1 Progress with traffic modelling

Mike McCrory  	
3.		Strategic Risk Management Progress Report
	JB   	
4.		Internal Audit Matters:
4.1		Report on management actions
4.2			Final Audit reports for Q1&2 2006/07
4.3		Internal Audit Productivity & Resources Report Q1&2 2006/07 
4.4	            FOI requests for internal audit reports	MMH  

	
5.		External audit matters
5.1         Annual Audit & Inspection Letter 31/03/06 – (Oral)
5.2         External audit plan 31/03/07 TTL and subsidiaries
5.3         Non-audit fees for 6 months ended 30/09/06
5.4         Data Quality Review	
Audit Commission/KPMG
KPMG
KPMG
KPMG
	
6.		Update of Audit Commission Issues
	SC	
7.		Update on Critical Accounting Policies
	SC	
   8.	Any Other Business		

At the close of this meeting the Audit Committee members will have a Private Session with the Director of Internal Audit
The next meeting of the Audit Committee will be held 24 January 2007 
at 1000 hours