71 Arrangements for the appointment of External Auditors from 2017/18 PDF 222 KB
To receive a report from the Director of Finance, Assets and Resources regarding whether to recommend to full Council to opt in to the Public Sector Led Body to appoint external auditors for five years from 2018/19.
Additional documents:
Minutes:
The Committee had before it a report * from the Director of Finance, Assets and Resources discussing whether to recommend to full Council to opt in to the Public Sector Led body to appoint external auditors for five years from 2018/19. The Director explained that he had now received a formal invitation from the Public Sector Audit Appointments (PSAA). To date circa 220 councils had decided to opt in to the PSAA offer to enter into a joint contractual arrangement and it was his recommendation that this was the cheapest and the easiest option. There were relevant economies of scale and ‘at the end of the day’ Audit providers offered a generic service.
RECOMMENDED to Council that Mid Devon District Council accepts the Public Sector Audit Appointments (PSAA) invitation to ‘opt in’ to the sector led option for the appointment of external auditors for up to five financial years commencing 1 April 2018.
(Proposed by Cllr R F Radford and seconded by Cllr Mrs J B Binks)
Note: * Report previously circulated; copy attached to the signed minutes.