Issue - meetings

The Committee received an Audit Plan from Ernst & Young (EY) which summarised their approach to the audit of the financial statements and the value for money (VFM) conclusion for 2016/17. The Plan also highlighted what EY considered to be the most significant audit risks.

Suresh Patel summarised the audit plan and confirmed that they had increased resource and capacity to ensure no repetition of the delay to completion which had occurred in 2016.

In response to a question, the Head of Finance explained that the council would not be required to consolidate subsidiaries associated or joint ventures into its 2016/17 Group Accounts where these entities are not material.

Resolved (unanimously) to note the contents of the external audit plan.