Issue - meetings

To receive a report from Grant Thornton on progress in delivering their responsibilities as the Council’s external auditors.

The Committee had before it, and NOTED, a report * from Grant Thornton providing an update on delivering their responsibilities as the Council’s external auditors.

The update included the following information:

·         The final accounts audit had commenced today and Grant Thornton would be on site for approximately two weeks. They would be issuing their audit opinion at the special meeting of the Committee on 17 July 2017.

·         Testing would take place in relation to the housing benefit subsidy claim in September.

·         There was a period of time whereby the public could inspect the draft accounts. This would be finished by Friday 14^th July allowing the signing off of the accounts to take place the following Monday.

·         Grant Thornton had issued a report on board effectiveness and reference was made to the fact that this Committee had increased the size of its membership to strengthen its effectiveness.

·         An ‘Income Spectrum’ report had also been produced which was being used as a useful reference tool as central government funding was being reduced. Hard copies would be made available.

Note: * Report previously circulated, copy attached to the signed minutes.