Issue - meetings

** Please note the Appendices to this report will follow as they are being reviewed and finalised **

Report of the Executive Director: Finance (Interim)

Purpose of report

To receive a report is to ask members to consider the following:

·         The Statement of Accounts 2018/19.

·         Annual Governance Statement 2018/19.

·         Letter of Representation 2018/19.

Recommendations

The committee is recommended to:

1.1         Approve the Statement of Accounts 2018/19.

1.2         Endorse the Annual Governance Statement 2018/19.

1.3         Approve the Letter of Representation 2018/19.

Resolved

(1)          That the Statement of Accounts 2018/19 be endorsed and once the final audit opinion is received the Interim Executive Director Finance (S151 Officer), in consultation with the Chairman of the Accounts, Audit and Risk Committee (or Vice Chairman in case the Chairman is unavailable) be authorised to sign the accounts and it be noted that if any material changes to the accounts are required, then an additional committee meeting would be convened to consider the changes.

(2)          That the Annual Governance Statement 2018/19 be endorsed.

(3)          That the Letter of Representation 2018/19 be approved.

The Executive Director, Finance (Interim) submitted a reportto ask members to consider: The Statement of Accounts 2018/19, Annual Governance Statement 2018/19 and the Letter of Representation 2018/19.

In introducing the report, The Executive Director, Finance (Interim) provided an update sheet which set out some clarifications to the Statement.

The Executive Director, Finance (Interim) and the Chairman recorded their thanks to her team: To the former Deputy Section 151 Officer, Kelly Watson, Assistant Director - Finance (Interim), Dominic Oakeshott, Project Manager, Isaac Aisu and Business Partner, Atilla Pek for their work on the Statement of Accounts 2018/19.

Resolved

(1)            That the Statement of Accounts 2018/19 be endorsed and once the final audit opinion is received the Interim Executive Director Finance (S151 Officer), in consultation with the Chairman of the Accounts, Audit and Risk Committee (or Vice Chairman in case the Chairman is unavailable) be authorised to sign the accounts and it be noted that if any material changes to the accounts are required, then an additional committee meeting would be convened to consider the changes.

(2)            That the Annual Governance Statement 2018/19 be endorsed.

(3)            That the Letter of Representation 2018/19 be approved.