Audit of Accounts
Statement of Accounts 2023/24 - notice of late publication for public inspection
Legislation:
- The Local Audit and Accountability Act 2014
- The Accounts and Audit Regulations 2015 (Revised)
The council's draft 2023/24 Statement of Accounts will not be available for public inspection by the deadline of 1 June 2024 as required by the Regulation 10 paragraph (1) of the Accounts and Audit Regulations 2015. We have not been able to complete the draft Statement of Accounts due to the ongoing audit for 2020/21. The delays in the audit, approval and publication of the 2020/21 Statement of Accounts relate to the complexity of the accounting of the council's investments and the nationwide technical accounting issues relating to Infrastructure assets and intangible assets, coupled with additional audit procedures due to changes in auditing standards, auditor's methodology and auditor's quality review processes.
A further notice will be published in due course setting out the public inspection period once the draft 2023/24 Statement of Accounts have been finalised.