Agenda item

External Audit - Progress Update May 2016

Minutes:

The Committee considered a report of the External Auditor, Mazars that set out progress to May 2016 (for copy see file of Minutes).

 

Mr Collins, Mazars informed the Committee that the work on the final accounts would commence shortly.  He asked Members to note the changes on the public inspection of the accounts.  It was now the role of the Responsible Financial Officer to publish a statement to inform about the period for the exercise of public rights, and to inform the External Auditor the date that this period commences.  The 30 day inspection period must include the first ten working days of July.

 

Members were updated in relation to national publications, including ‘Guidance for Directors of Companies partly or fully owned by the public sector’.

 

The Corporate Director, Resources referred to the guidance for directors and following the Committees interest in this area he advised that the Council would be embarking on a training programme for employees and Members involved with companies.

 

Resolved:

That the progress report be noted.

 

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