Issue - meetings

Report of the Director of Finance

Purpose of report

To receive a report to ask Members to consider the following:

• Changes to be incorporated to the draft statement of accounts.

Recommendations

The meeting is recommended to agree that:

1.1         The revised Comprehensive Income and Expenditure Statement (CIES) in the Draft Statement of Accounts 2020/21 (Appendix 1), be endorsed along with necessary changes to supporting statements and notes.

1.2         Once the final audit opinion is received the Director Finance (S151 Officer), in consultation with the Chair of the Accounts, Audit and Risk Committee (or Vice Chair in case the Chairman is unavailable), be authorised to sign the accounts.

1.3         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.

Resolved

(1)          That, having given due consideration the revised Comprehensive Income and Expenditure Statement (CIES) in the Draft Statement of Accounts 2020/21 along with necessary changes to supporting statements and notes be endorsed.

(2)          That it be agreed that on receipt of the final audit opinion, the Director of Finance (S151 Officer), in consultation with the Chair of the Accounts, Audit and Risk Committee (or Vice Chair in case the Chairman is unavailable), be authorised to sign the accounts.

(3)          That 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.

The Director of Finance submitted a report asking Members to consider changes to be incorporated to the draft statement of accounts.

Ernst & Young, the council's External Auditors (EY) provided an update to the committee, informing Members that evidence to questions has not been received. The Committee requested that  an item be added to the March agenda if these remained unanswered or if new questions were raised by EY.

Resolved

(1)          That, having given due consideration the revised Comprehensive Income and Expenditure Statement (CIES) in the Draft Statement of Accounts 2020/21 along with necessary changes to supporting statements and notes be endorsed.

(2)          That it be agreed that on receipt of the final audit opinion, the Director of Finance (S151 Officer), in consultation with the Chair of the Accounts, Audit and Risk Committee (or Vice Chair in case the Chairman is unavailable), be authorised to sign the accounts.

(3)          That 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.