Agenda and draft minutes

Audit Committee - Tuesday, 24 November 2020 6.30 pm

Venue: Virtual meeting - Zoom. View directions

Contact: Tan Ashraf, Democratic Services Officer on 01455 255834 or email  tan.ashraf@hinckley-bosworth.gov.uk 

Link: watch the meeting on YouTube

Media

Items
No. Item

561.

Apologies and substitutions

Minutes:

Apologies for absence were submitted on behalf of Councillor Smith.

562.

Minutes of previous meeting pdf icon PDF 113 KB

To confirm the minutes of the previous meeting.

Minutes:

It was moved by Councillor H Williams, seconded by Councillor Pendlebury and

 

RESOLVED - the minutes of the meeting held on 21 October 2020 be approved.

563.

Declarations of interest

To receive verbally from members any disclosures which they are required to make in accordance with the Council’s code of conduct or in pursuance of Section 106 of the Local Government Finance Act 1992. This is in addition to the need for such disclosure to be also given when the relevant matter is reached on the agenda.

Minutes:

No interests were declared at this stage.

 

564.

External audit results report pdf icon PDF 5 MB

Report of the external auditor attached.

 

Members are asked to endorse the report and are recommended to delegate the final decision on the accounts to the chairman of the Audit Committee.

Minutes:

Members were presented with the report of the external auditor and they noted that

excellent progress had been made under the circumstances.

 

The external auditor reported that there were some outstanding areas that needed to be completed including net pension liability and property valuations. It was expected that they would then issue an unqualified audit opinion on the financial statements. It was noted that work was progressing on the ‘value for money work’ and a member of the public had contacted the auditors and they would respond to this.

 

Members endorsed the report and agreed to delegate the final decision on the accounts to the chairman of the Audit Committee.