Agenda item

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

Ms C Partridge, Director (KPMG) and Ms L Wild, Manager, (KPMG) were welcomed to the meeting and provided the Audit Committee with an external audit progress and technical update, detailing progress in delivering their responsibilities as external auditors whilst also highlighting the main technical issues currently impacting on local government.  No concerns have been raised.  It was reported that the interim report will come back to the Audit Committee once value for money planning stages have been completed.  A Member noted that fees have reduced by 25% but was assured that as this was built in 3 years ago, this will have no impact on coverage and a high quality audit opinion will still be provided.  If any significant issues were found,m a further additional fee would be requested in accordance with Public Sector Audit Appointments. 

RESOLVED:

(i)         That the report be noted.