Agenda item

The Committee will receive the External Audit Progress Report and Technical Update.

Mr L Wild, representing the Council’s External Auditor (KPMG) submitted the progress report and technical update.  Attention was drawn to the new local audit framework, further details of which would be provided later on the agenda.

Members noted that since the document had been produced, the spending review had been announced and that officers were still processing the detail to fully understand the implications for the authority.  It was noted that the outcome of this would be a revised Medium Term Financial Strategy, expected to be completed early in 2016.

RESOLVED that the External Audit Progress Report and Technical Update be received and noted.