Issue - meetings
2023/24 Audit updates TBC – Depends on Audit plan from June
Meeting: 26/09/2024 - Audit and Governance Committee (Item 22)
22 External Audit Plan - Year Ended 31 March 2024 
PDF 271 KB
Purpose:
To present Members with the draft Audit Plan for the year ended 31st March 2024.
Recommendation:
That the Audit and Governance Committee resolves to:
1. Note the content of the repot and the annex.
Invited:
Madhu Richards, Director of Finance
Additional documents:
Minutes:
Madhu Richards, the Director of Finance introduced the report that presented members with the External Audit Plan, Year Ended 31 March 2024. Madhu Richards introduced Charlie Flemming from Bishop Flemming, external auditors.
Charlie Flemming explained that Bishop Flemming had taken over the role of the Council’s external auditor and would be working with West Oxfordshire District Council closely. There would be an audit plan strategy created to enable work to be done with the deadline of October 2024. There had been a delay with Pensions funds auditor however Charlie Fleming expressed that Bishop Flemming would be working closely with them to prevent any further delays. As part of the plan strategy there would be checks on material balances and there would be heightened procedures when looking at risks. Bishop Flemming was looking forward to working with West Oxfordshire District Council going forwards.
It was to be noted that the report was well presented and easy to read. Concerning the move from Publica and pensions for staff, there were no complications expected when working with the Pensions Team to complete the move. On page 209 there was a query on the PSAA scale fee 2023/24 as the figure was TBC. It was explained that PSAA would be confirming the figure as there was an additional element to account for due to changes to the auditor standards and the fee.
RESOLVED that the Audit and Governance Committee AGREED to:
- Note the report.