Issue - meetings

Local Appointment of External Auditors

Meeting: 12/02/2018 - Governance Committee (Item 38)

38 Local Appointment of External Auditors pdf icon PDF 78 KB

Report of the Service Director Finance and Commercialisation providing an update regarding the arrangements for appointing External Auditors at conclusion of the 2017/18 audits

Minutes:

The Committee considered the report of the Service Director Finance and Commercialisation providing an update regarding the appointment of an external auditor from 1st April 2018 and summarised the outcome of the procurement exercise undertaken by Public Sector Audit Appointments (PSAA) in their capacity as an “appointing person” which followed the decision taken by Full Council in November 2016 that the Council should opt in to the national scheme rather than make its own auditor appointment.

 

RESOLVED: that the outcome of the procurement exercise undertaken by PSAA which had resulted in Ernst & Young LLP being appointed to audit the accounts of Southampton City Council for five years, from 2018/19 to 2022/23 and that scale fees were expected to reduce by approximately 23% compared to the 2017/18 fees be noted.