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The
Committee considered the report of the Interim Head of Finance
concerning the External Audit Fee Letter for 2019/10. It was noted that the planned fee for external
audit work in relation to the 2019/20 financial statements audit
and value for money conclusion was £38,866 which was the same
as in 2018/19. The fee for grant claim
certification work had not yet been set. Provision for the audit
fee had been incorporated into the Council’s financial
planning.
In
response to a question, Ms James of Grant Thornton, the External
Auditor, explained the outline audit timetable including the phases
of work, the team members and the approximate number of weeks
involved.
RESOLVED: That the
planned fee of £38,866 for the 2019/20 financial statements
audit and value for money conclusion be noted.