Issue - meetings

The Committee considered the report of the Chief Accountant setting out details of the proposed external audit fees for 2015/16.  It was noted that the main audit fee had been set at £50,475, which represented a reduction of £16,825 compared with the anticipated 2014/15 fee of £67,300.  The main audit fee covered the financial statements audit and the value for money conclusion.  In addition to this the indicative fee for grant claim certification work had been set at £11,418, compared with £13,910 in 2014/15.  This related to the certification of the housing benefits subsidy claim.

RESOLVED:  That the proposed audit fee of £61,893 for the 2015/16 audit work to be undertaken by Grant Thornton be noted.