Issue - meetings

The committee is requested to consider and note the 2016-17 Audit Plan.

The committee considered the report circulated with the agenda (copy attached to the official minutes).

Mr M Young, Audit Manager for Chichester, Ernst & Young LLP presented the report. He gave apologies for Mr King who had had a clash of committee meetings.

The committee made the following comments or received answers to their questions as follows:

·             No additional fees were anticipated however it was difficult to predict if any additional work may be required at this stage.

·             With the current political situation could you see additional audit requirements becoming necessary as a result of Brexit? The most significant issue to affect external audit fees would be the retendering of the audit to be undertaken by the PSAA, who would appoint the council’s auditor in future, which may give rise to a change in fee. Until further regulation comes in, the outcomes from Brexit were unknown.

RESOLVED

That the 2016-17 Audit Plan be noted.