Issue - meetings

This chief finance officer approved the draft 2010/11 statement of accounts in June 2011.  Since then, the Audit Commission has been conducting its audit.  Under the closedown arrangements, the statutory deadline for completing the audit is 30 September 2011.  The amended statement of accounts (to be circulated as a separate document) needs committee approval. 

Recommendation

that the amended 2010/11 statement of accounts be approved. 

The committee considered the statement of accounts 2010/11.  The committee had considered the draft accounts at its meetings on 4 July and 7 September 2011 and suggested amendments.  The committee now considered the Audit Commission’s views on the accounts. 

The officers now presented the final version of the statement of accounts for the committee’s approval.  The committee gave its approval for the accounts to be signed by the chairman but requested that in future years, there should be clearer explanations of the larger areas of expenditure, or variances from the original budget. 

RESOLVED: to approve the statement of accounts 2010/11.