Issue - meetings

Report of KPMG LLP

The Committee received KPMG’s Annual Audit Fee Letter 2016/17 confirming the audit work and the fee that was proposed for the 2016/17 financial year.

The Chief Officer (Resources) advised Members that KPMG planned and delivered work to fulfil their responsibility under the Code of Audit Practice (the Code) issued by the National Audit Officer (NAO). Under the Code, KPMG had a responsibility to consider the Authority’s arrangements to secure economy, efficiency and effectiveness in its use of resources and in order to do this KPMG would undertake the appropriate value for money (VFM) audit work.

It was reported that the planned audit and certification fee were based on a number of assumptions, as set out in Appendix 1 to the letter. Over the course of the audit, it was expected that reports would be issued relating to KPMG’s work, details of which were set out in Appendix 2 to the letter.

Resolved:

That the Annual Audit Fee Letter 2016/17 be accepted.