49 EXTERNAL AUDIT PROGRESS REPORT PDF 780 KB
To consider a report of the Council’s External Auditor.
Minutes:
Tommy Rooney (Mazars) was in attendance to introduce a report which set out details of progress on the work of the External Auditor as at July 2020, including the impact of Covid-19 on such matters as audit testing, remote working, etc. Some deadlines had been amended in consequence; and a further update would be made to the Committee in October 2020.
In discussion a question was raised regarding the Council’s arrangements for the management of its commercial investment portfolio. The audit response was that whilst it was not a matter for the auditor to provide a view on individual investment decisions, the broad arrangements operated by the Council were kept under review, and no concerns had been identified.
RESOLVED – That the content of the report be noted.