Issue - meetings

External Audit Contract 2023/24 Tender Award Update

Meeting: 02/12/2021 - Council (Item 44)

44 PSAA External Audit Contract 2023/24 Re-Tender 2023/24 to 2027/28 pdf icon PDF 322 KB

The report of the Director of Finance and Corporate Services is attached.

Minutes:

The Portfolio Holder for Finance and Customer Access, Councillor Moore presented the report of the Director – Finance and Corporate Services, which recommended that Council accepted the Public Sector Audit Appointments Invitation to opt into the sector-led option for the appointment of external auditors from 1 April 2023 until 31 March 2028. Councillor Moore informed Council that by opting in it would ensure that the Council complied with the Local Audit and Accountability Act 2014 and ensured value for money in the procurement of external auditors.

 

Councillor Virdi seconded the recommendation and informed Council that the audit market was challenging and not without risk. He advised that this approach provided best value and good governance arrangements.

 

Councillor Gray, Councillor Jones, Councillor R Mallender and Councillor Thomas all supported the recommendation in the report.

 

It was proposed by Councillor Moore and seconded by Councillor Virdi and RESOLVED that the Council accepted the Public Sector Audit Appointments’ Invitation to opt into the sector-led option for the appointment of external auditors from 1 April 2023 until 31 March 2028.