Issue - meetings

Report of the Executive Director Finance and Commercialisation seeking approval of the Statement of Accounts 2019/20 and changes made to the draft accounts identified during the audit.

The Committee considered the report of the Executive Director Finance and Commercialism seeking approval of the Statement of Accounts 2019/20 and changes made to the draft accounts identified during the audit.

RESOLVED:

(i)  That the changes to the Statement of Accounts 2019/20 as a result of the annual audit as detailed in paragraphs 5 to 7 in the report and appendix 1 be noted;

(ii)  That the audited Statement of Accounts 2019/20 be approved;

(iii)  That the rationale for not correcting the audit difference relating to the net pension liability as set out in paragraph 8 be approved; and

(iv)  That approval be given for the Executive Director Finance and Commercialism (S151 Officer), in consultation with the Chair of Governance Committee, to make further changes to the Statement of Accounts 2019/20 that may arise during completion of the audit and that authority be delegated to the S151 Officer and Chair of Governance Committee to sign the final Statement.