Issue - meetings

            The Board received a report of the Operational Director, Finance, which provided a position statement on the Council’s 2018/19 Statement of Accounts.

            The Statement of Accounts set out the Council’s financial performance for the year in terms of revenue and capital spending and presented the year-end financial position as reflected in the balance sheet.

            It was reported that due to a technical accounting issue, the External Auditor would be unable to publish an Audit Certificate or Opinion by 31 July 2019. It was noted that Council Officers were working with the External Auditor to reach agreement on the issue. Appendix 1, attached to the report, provided detail on the technical accounting issue, together with an update on audit work completed to date and detail on the remaining scope of the audit.

            The Board was advised that it was planned that the final audited Statement of Accounts would be reported to the next meeting of the Board in September 2019.

            RESOLVED: That the External Auditor’s Position Statement Report, attached to the report at Appendix 1, be noted.