Agenda item - Unaudited Statement of Accounts 2015/16

Report of the Executive Director, Finance & Resources (copy to follow).

1)           That the Audit & Standards Committee note the accounts for 2015/16 and note that these are subject to audit and public inspection.

7.1         The Committee considered a report of the Executive Director of Finance & Resources in relation to the 2015/16 Statement of Accounts. Under the Accounts and Audit Regulations 2015, the Council’s Statement of Accounts were to be approved by the Chief Finance Officer by 30 June and following the audit process are to be approved by Members by 30 September each year. The report presented the unaudited Statement of Accounts for 2015/16 for information purposes only. Copies of the Statement of Accounts were made available to Members of the Committee - at this stage the accounts had not been audited by the external auditor. It was expected that the external auditor would present an Audit Results Report to the September meeting of the Committee on the conclusion of the audit of the 2015/16 financial statements. An accompanying Officer report would be presented to that meeting, to enable Members to consider and approve the statement of accounts

7.2         RESOLVED- That the Audit & Standards Committee note the accounts for 2015/16 and note that these are subject to audit and public inspection.