Issue - meetings

The Board received a report of the Strategic Director, Resources on the Annual Audit Letter 2009/10.

The Board was advised that the Annual Audit Letter summarised the findings from the 2009/10 audit completed by the Council’s External auditors.  The Letter included messages arising from the audit of the financial statements and the results of the work that had been undertaken in assessing                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     the Council’s arrangements to secure value for money in the use of its resources.

Mike Thomas, District Auditor attended the meeting and reported that the Council had achieved an unqualified audit opinion on the Council’s  financial statements in line with the statutory deadlines. In respect of the use of resources which determined how well the Council managed and used their financial resources it had been concluded that the KLOE (key lines of enquiry) scores reflected that the Council had satisfactory arrangements to secure economy, efficiency and effectiveness in its use of resources during 2009/10.

RESOLVED: That the Annual Audit Letter be approved.

The Board received a report of the Strategic Director, Corporate and Policy on the Annual Audit Letter 2008/09.

The Board was advised that the Annual Audit Letter summarised the findings from the 2008/09 audit completed by the Council’s External auditors.  The Letter included messages arising from the audit of the financial statements and the results of the work that had been undertaken in assessing the Council’s arrangements to secure value for money in the use of its resources.

Mr M Thomas, District Auditor attended the meeting and reported that the Council had achieved a very good report in challenging times.  In respect of the use of resources which determined how well the Council managed and used their financial resources it had been concluded that the KLOE (key lines of enquiry) scores reflected a Council that was performing consistently above the minimum standards specified by the Audit Commission, a Level 2 performance.

RESOLVED: That the Annual Audit Letter be approved.