Agenda item

External Audit - Durham Pension Fund Audit Strategy Memorandum Year Ended 31 March 2017

Minutes:

The Committee received a report from the External Auditor explaining the scope of the audit, the risks identified and the procedures that will be performed to deliver the audit for Durham County Council Pension Fund (for copy see file of Minutes).

 

Mr Kirkham, Mazars introduced the report and advised that the materiality benchmark was benefits payable and 10% was applied. 

 

Ms S Liddle, Mazars advised of the significant risks and advised that Committee would receive an opinion at the July 2017 meeting.  The final certificate would be issued on receipt of the Annual Pension Fund report.

 

Resolved:

That the report be noted.

 

Supporting documents: