Agenda item

The Committee considered the Audit Completion Report of the External Auditor relating to Durham County Council Pension Fund for the year ended 31 March 2017 (for copy see file of Minutes).

Mr M Kirkham, Mazars introduced the report and commented that excellent responses had been received from officers together with good quality of papers.

Ms S Liddle, Mazars presented the report to the Committee and circulated a letter for the information of the Committee which provided an update on outstanding matters and conclusions reached on the audit since the report was circulated (for copy see file of Minutes).   She advised that no significant risks had been highlighted.

She went on to highlight an internal control deficiency in relation to IT control whereby leavers were not always deactivated in a timely manner.  She did assure the Committee that there had been no impact on the Pension Fund but that the risk was there.

Resolved:

1.            That the adjustments to the financial statements be noted.

2.            That the letter of representation be approved