Issue - meetings

Further to minute 21 of 29 September 2015 to consider and note the key issues arising from the work of the Council’s external auditors on the 2014/15 Accounts.

Mr P King and Mr S Mathers from Ernst & Young LLP presented the report. Mr King advised that this letter repeated the findings from the Audit Results Report which came to the committee at its last meeting and confirmed that he had signed the unqualified audit report the same day.

He made the committee aware of a couple of issues for future; the need to include highways assets in the 2016/17 accounts and the requirement to prepare earlier draft accounts from the 2017/18 financial year (i.e. 31 May 2018).

Mr Ward advised that the footbridge to the Avenue de Chartres car park was covered under these highways assets and that work with estates colleagues was taking place to understand any further assets which needed to be declared. The Council was considering areas it could tighten up to allow the earlier close down of the accounts.

RESOLVED

That the Annual Audit Letter 2014/15 be noted.