Issue - meetings
External Audit Report 2006/07
Meeting: 17/03/2008 - Audit Board (this committee has been combined with the Audit, Standards & Governance Committee and no longer meets) (Item 37)
37 Annual External Audit Report 2006/07 
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Additional documents:
Minutes:
The Chairman welcomed Mr. A. Cardoza, Senior Manager with KPMG LLP (UK), the Council's former appointed Auditor. Mr. Cardoza presented the report which summarised the 2006/07 external audit work carried out by KPMG for their areas of audit responsibility under the Audit Commission's Code of Audit Practice.
It was noted that an unqualified opinion had been issued in relation to the Authority's accounts. Regarding use of resources, improvements had been noted in a number of areas, with the Authority also having made proper arrangements to secure economy, efficiency and effectiveness on 9 of the 12 criteria determined by the Audit Commission (compared to only 4 criteria in the previous year). Whilst the Authority had continued to strengthen its arrangements for managing and improving its value for money, and with there being a much stronger understanding of its costs and performance, further improvement was still required in this area. Significant progress had also been made with the second review of data quality.
RESOLVED:
(i) that the Annual External Audit Report for 2006/2007 be noted and accepted;
(ii) that the management response to the Annual External Audit Report for 2006/2007 recommendations be endorsed; and
(iii) that the thanks of the Board be expressed to both officers and KPMG LLP (UK) for the valuable and beneficial working relationship which had taken place during the last few years.