8 External Audit Progress Report - June 2016 PDF 146 KB
To consider the External Audit Progress Report – June 2016.
Minutes:
The Committee received the External Audit Progress Report – June 2016.
During the discussion of this item the following points were made:
· Helen Thompson informed the Committee that Ernst & Young had completed its walkthrough of the key Council’s financial systems in February/March 2016. No significant issues had been identified.
· Ernst & Young had continued to liaise with officers on plans relating to the new requirements for highways network assets and the Better Care Fund.
· At the planning stage of the audit, no significant value for money risks at the Council had been identified.
· Further detail on the 2014/15 Housing Benefits subsidy claim was included in response to questions raised at the previous Audit Committee.
· With regards to the local appointment of auditors, the Committee was reminded that existing external audit arrangements would remain unchanged for the 2015/16, 2016/17 and 2017/18 years. From 2018/19 onwards, councils would be required to appoint their own auditors.
RESOLVED: That the External Audit Progress Report – June 2016 be noted.