Issue - meetings

Report from the Assistant Director of Resources (Finance & Efficiency)

Audited Statement of Accounts

Annual Governance Statement

Further to Minute AU.133 of the meeting of this Committee held on 25 June 2013, The Assistant Director of Resources (Finance and Efficiency) presented a report setting out the work that had been carried out by KPMG in relation to the Authority’s accounts and the findings from that work.

It was reported that no adjustments had been identified that had an impact on the Council’s revenue, capital or HRA outturn for 2012/13; only 2 technical adjustments had been identified; one recommendation had been made and this had been classified as low risk by KPMG; the quality of the Council’s accounts and working papers had remained at a high level and it was explained that this was the fourth year that that the Council had presented its audited accounts to the Audit Committee one month earlier that the statutory deadline.

Delegated decision:

1.          That the 2 technical amendments to the Accounts recommended by KPMG be approved.

2.          That the final version of the Statement of Accounts for the 2012/2013 financial year be approved in line with the provisions of the Accounts and Audit Regulations (England) 2011.

3.          That the matters and issues arising from the audit and contained within the ISA (UK+I)   260 Financial Statement Report presented by KPMG be noted.

4.          That the letter of representation signed by the Assistant Director of Resources (Finance and Efficiency) which was presented at the meeting be approved.

5.          That KPMG be thanked for their support and advice during the audit process.