Issue - meetings

To receive a verbal update on outstanding issues.

The external Auditors BDO provided an update to the Committee on progress made on the 2018/19 accounts and arrangements for work on the 2019/20 accounts. They had been hampered partly by the delay in KPMG, the previous Auditors, signing off the previous accounts and Value for Money statement for 2017/18 and because not all the required information was available.  BDO were however hopeful that the audit of both the 2018/19 and 2019/20 accounts would be completed in October.  Work had been done on tidying up the asset register and working through outstanding lease queries. 

The Deputy Chief Executive advised the Committee that a formal complaint had been made to KPMG regarding the delay in finalising the accounts and Value for Money Statement for 2017/18.  A holding response had been received from KPMG and further information was awaited.

The Committee expressed their frustration at the ongoing delay in the finalisation of audit matters with KPMG.

It was agreed that a meeting would be arranged to brief the Chairman on the external audit process with the Chief Finance Officer and Leigh Lloyd-Thomas of BDO.

To receive a verbal update on outstanding issues.