The external audit of the draft statement of accounts for the year ended 31 March 2019 has not yet been completed by our external auditors, BDO LLP, due in large part to delays in servicing the audit within the authority and partly because of late changes to pension accounting requirements.
This situation is allowed for by Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015. Therefore this notification explains, as per paragraph (2a), that we are not yet able to publish our audited 2018/19 final statement of accounts in line with deadline of 31 July 2019, as per paragraph (1).
The Joint Audit Committee (JAC) considered the progress and results to date of the 2018/19 audit at its meeting on 30 July 2019, and approved the draft statement of accounts and delegated any subsequent immaterial changes to the respective CFO’s and JAC Chair. Following issuance of the final audit report (ISA260) and opinion we will publish the final audited accounts.