Council and councillors

To receive Report No. 131/2018 from the Director for Resources.

Note: Appendix A (Letter of Representation) and Appendix B (ISA260 Report) to follow

Report No. 131/2018 was received from the Director for Resources, the purpose of which was for the external auditors to report to those charged with governance and inform the Committee on matters arising from the audit of the financial statements and the results of the work undertaken to assess the Council’s arrangements to secure value for money in its use of resources.

Mr Norman, KPMG LLP, introduced the Report to those Charged with Governance (ISA 260) and confirmed that subject to completion of the remaining work and outstanding queries being resolved they anticipated issuing an unqualified audit opinion of the Authorities financial statements and value for money opinion before the deadline of 31 July 2018.

Mr Della Rocca confirmed that this would be the last year working with KPMG LLP on the external audit due to organisational change.  KPMG LLP and RCC Officers and members acknowledged the positive working relationship they had developed over the years.

RESOLVED

1)     The Committee received the External Auditors Report and considered any issues arising;

2)     The Committee APPROVED the letter of representation in Appendix 1 of Report No. 131/2018 for signing by the Vice-Chair of the Committee (Mr J Lammie) and the S.151 Officer (Mr S Della Rocca); and

3)     The Committee AGREED that the right of referral under Procedure Rule 110 was removed due to the urgency of the decision in relation to the deadline for approval of the Statement of Accounts by 31 July 2018 under the Accounts and Audit (England) Regulations 2015.