50.1 The Cabinet considered a report by the Chief Operating Officer
50.2 The Cabinet approved the Annual Audit Letter and fee update for 2015/16
Reason
50.3 The Annual Audit Letter summarises the key issues arising from the work carried out by the Council’s external auditor (KPMG) during the year. This report contains no new findings or recommendations, but reflects the key issues already reported in the Annual Governance Report
36.1 The report was introduced by the Interim Chief Finance Officer. The Annual Audit Letter does not contain any new information compared with the report previously made to the Committee by the External Auditors.
36.2 The Committed noted that the audit fee had reduced as a consequence of the greater efficiency achieved in the closing of accounts in comparison with the old Audit Commission process.
36.3 The Committee RESOLVED to note the Annual Audit Letter and the fee update for 2015/16.