Issue - meetings
KPMG's External Audit Governance Report
Meeting: 05/09/2011 - Governance and Audit Committee (Item 6)
KPMG's External Audit Governance Report (GA2363)
Purpose: Greg McIntosh and Joanna Lees (KPMG) to inform Members of KPMG’s audit of West Berkshire Council’s financial statements.
Additional documents:
PDF 65 KBMinutes:
The Committee considered a report (Agenda Item 4) concerning the outcome of the audit of the financial statements for 2010/2011. The Council had published its draft financial statements in late June 2011 following sign off from the Council’s Head of Finance and Section 151 Officer. The financial statements were then required to be audited by the Council’s external auditor, KPMG.
Greg McIntosh reported that KPMG had audited the Council’s accounts during July and August 2011 as well as completing interim work during the spring. A full copy of KPMG’s report would be circulated to all Governance and Audit Members.
Greg McIntosh reported that KPMG would be issuing an unqualified opinion by 30 September 2011, that the adjustments identified during the audit had been amended in the financial statements and that the quality of the accounts and audit working papers had improved on the previous year.
RESOLVED: That the report be noted and KPMG be thanked for their work in auditing the Council’s accounts.