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CAIRNGORMS NATIONAL PARK AUTHORITY 
Audit Committee Paper 2 15/12/06 

CAIRNGORMS NATIONAL PARK AUTHORITY 


FOR DISCUSSION 


Title: INTERNAL AUDIT REVIEW: CASH FLOW 

Prepared by: DAVID CAMERON, HEAD OF CORPORATE SERVICES 

Purpose 

To present Deloitte’s internal audit findings on the operation of the Authority’s cash and 
cash flow management to the Audit Committee. 


Recommendations 

The Committee is asked to: 

1. 
Consider the internal auditor’s findings on the operation of the Authority’s cash and 
cash flow management set out in Annex 1; 

2. 
Endorse the management responses to the recommendations for action. 


Executive Summary 

Deloitte, the Authority’s internal auditors, have undertaken a review of the Authority’s cash 
and cash flow management as part of their approved internal audit work programme. The 
outcome of that review is set out in Deloitte’s report, at Annex 1 to this paper. 

The review finds that, in overall terms, the control environment is efficient, and highlights 
one area where improvements could be made. The report makes two recommendations for 
action to improve the segregation of duties in dealing with cash, banking and treasury 
management. It is worth noting in this regard that adequate segregation of duties is often 
relatively difficult in small organisations, while the overall risk in this area is low as the 
Authority does not deal with a significant amount of cash or cheque income. 

These recommendations are accepted by the Head of Corporate Services on behalf of the 
Authority, and the Deloitte report includes management responses and suggested 
responsibility and timescale for action.