Issue - meetings

Statement of Accounts 2022/23

 

 

Meeting: 27/09/2023 - Audit and Governance Committee (Item 29)

29 Statement of Accounts 2022/2023 pdf icon PDF 447 KB

Report of the Executive Director of Corporate Resources and Customer Services

Additional documents:

Minutes:

The Committee considered the report of the Executive Director of Corporate Resources and Customer Services which presented the draft 2022/2023 Statement of Accounts, including the Annual Governance Statement.

 

The report provided details on; the Current Position of the Statement of Accounts 2022/2023 and the commencement of the audit and the Content of the Statement of Accounts.

 

The Executive Director of Corporate Resources and representatives from Ernst and Young presented the reports and answered a range of questions from the Committee. The Committee was advised that the final draft accounts would be completed in the next 3 weeks. Representatives from Ernst and Young advised that at present no date had been set for the audit of these accounts as they awaited further ministerial guidance on the approach to year end auditing and an assessment of internal resources. Further guidance would be provided to the Committee at the meeting in December 2023.

 

RESOLVED: That

 

(1)

the 2022/2023 Statement of Accounts be approved, subject to the final completion of the audit;

 

(2)

should any material changes be required to the current version of the Statement of Accounts, the Chair of the Committee be delegated to approve the final Statement of Accounts following completion of the audit;

 

(3)

the intention to bring an update report to Audit and Governance Committee in March 2024, detailing any changes made to the Statement of Accounts 2022/2023, be noted;

 

(4)

the Annual Governance Statement (Section 11 of the Statement of Accounts) be approved; and

 

(5)

the comments of Ernst and Young LLP be noted.