Agenda item

The Committee considered an update from the Corporate Director of Resources on the County Council’s accounting policies to be applied in the preparation of the 2015/16 Statement of Accounts and to seek confirmation that appropriate policies are being applied (for copy see file of Minutes).

The Assistant Finance Manager, Corporate Finance highlighted the changes to be applied in preparing the 2015/16 Statement of Accounts.  He advised that two new accounting policies were being considered about the recognition of rates and the changes in code with a fair value measurement.

Resolved:-

That the recommendations contained within the report be agreed.