88 External Auditor – Audit Progress & Sector Insight Update PDF 243 KB
The attached report provides an update to Audit & Governance Committee on the External Auditor’s progress to date in delivering their responsibilities.
The report also includes a summary of emerging national issues and developments that may be relevant to the Council.
Additional documents:
Minutes:
The Head of Audit and Management Assurance presented a report from Grant Thornton, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'G' to these Minutes in the Minute Book.
The report provided an update for Audit & Governance Committee on the External Auditor’s progress to date in delivering their responsibilities. It also included a summary of emerging national issues and developments that may be relevant to the Council including changes to ‘Value for money’ criteria which would be the subject of further discussion with Members and Officers.
An initial indication was provided of the likely audit fee and reasons for an increase in the level were explained including requirements imposed by Central Government to undertake audits in more depth in some areas. Further details of these changes would be provided and collated at Officer level. All fees were subject to approval by Public Sector Auditor Appointments.
RESOLVED that Audit and Governance Committee notes the External Auditor’s progress to date in delivering their responsibilities and the sector update provided.
Voting: Unanimous