Issue - meetings

Audit Committee Update Report

Meeting: 18/01/2016 - Audit, Governance and Standards Committee (Item 57)

57 Audit Committee Update January 2016 pdf icon PDF 60 KB

Additional documents:

Minutes:

The Committee considered the report of the External Auditor on the progress to date against the 2015/16 Audit Plan.  The report also included a summary of emerging national issues and developments that might be relevant to the Committee together with a number of challenge questions in respect of these emerging issues.

 

In response to questions/comments by Members, Mr Wells of Grant Thornton, the External Auditor, said that:

 

·  Whilst the Government had announced that local government would be allowed to retain 100% of local taxes and business rates to spend on local government services, the likelihood of this remained to be seen.

 

·  The report had been prepared before the announcement that the Council would not receive Revenue Support Grant from central Government after 2016/17.

 

·  He would ensure that future reports were proof-read to avoid punctuation and grammatical errors.

 

RESOLVED:  That the External Auditor’s update report, attached as Appendix A to the report of the Head of Finance and Resources, be noted.