Issue - meetings

REPORT FROM ERNST AND YOUNG

To consider the Annual External Audit and Certification Fees 2018/19.

RESOLVED:  That the Annual External Audit and Certification Fees 2018/19 be noted.

REASON FOR DECISION:  To keep the Committee informed of the level of External Audit and Certification Fees for 2018/19.

The Committee considered the report from Ernst and Young in respect of the Annual External Audit and Certification Fees 2018/19.

The Committee was informed that, following consultation on its Work Programme and Scale of Fees, Public Sector Audit Appointments Ltd (PSAA) had reduced the scale audit fee for all opted-in bodies by 23% from the fees applicable in 2017/18.  The indicative 2018/19 external audit for NHDC was therefore £40,068.

The Service Director – Resources commented that the reason why the report contained no figure for the Certification Fees was that this work was now subject to a separate procurement process.  The outcome of this procurement process would be reported to the Committee in due course.                         

RESOLVED:  That the Annual External Audit and Certification Fees 2018/19 be noted.

REASON FOR DECISION:  To keep the Committee informed of the level of External Audit and Certification Fees for 2018/19.