Annual report and accounts

 
 

Audit of Accounts: Year ended 31 March 2019 

 

Publication of Statement of Accounts

The Accounts and Audit (England) Regulations 2015 – Regulation 10

This notice is published in accordance Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015 (See attached link: here) and sets out the reasons that the Authority is not yet able to publish its audited 2018-19 final statement of accounts in line with the deadline of 31 July 2019. 

The external audit of the draft statement of accounts for the year ended 31 March 2019 has not yet been completed. This has arisen due to the identification by EY LLP, the external auditors, of a material conflict of interest they have, which means they are unable to complete the audit.  The Authority is currently securing the appointment of a replacement local auditor.

The Audit and Standards Committee will consider the results of the 2018-19 audit at a meeting yet to be determined.  As required by Regulation 10, paragraph (2b) the Authority will publish the final audited accounts as soon as reasonably practicable after the receipt of any report from the auditor which contains the auditor’s final findings from the audit which is issued before the conclusion of the audit.