Agenda item

The External Auditor will present a paper reminding the Committee that from the 2018/19 financial year onwards, the Authority will, for the first time, be required to appoint its own external auditor and detailing the matters that should be considered when making such an appointment.

Mrs L Wild introduced the item by first declaring an interest in the item due to her employment at KPMG.  The Committee was reminded that audit contracts for local government bodies may now only be extended by one year for the audit of the 2017/18 financial year. 

Members noted that the Authority will be required to appoint its own external auditor for 2018/19 onwards.  The paper provided areas the authority may wish to consider and a number of options for procurement.

The Committee discussed the requirement to establish an Audit Panel, noting that further guidance was expected to be published on the subject, and that this would be discussed at a future meeting of the Committee.

RESOLVED

(i) that the report on Appointing your External Auditor be noted;

(ii) that the Committee discusses the establishment of an Audit Panel at a future meeting.