Issue - meetings

To consider the report on Audit  Additional fees.

Mr Eagles from the Council’s External Auditors (BDO) gave a summary of the briefing note supplied by BDO and the scale of fees letter from Public Sector Audit Appointments. Three key areas had been identified that required additional works. These areas were valuation of PPE - £3,700, valuation of LGPS pensions liability and allocation of pension fund assets - £1,100 and Group audit - £1,910.

In response to Members’ questions about LGPS pensions, Mr Eagles outlined the position in respect of the relationship with actuaries and the timings of pensions liability valuations.

The Director - Finance and Corporate Services said that he was satisfied that the fees increase was appropriate.

Members accepted the BDO briefing note and the proposed increase of fees as stated.

To consider the report on Audit  Additional fees.