Agenda

Members are asked to declare any interests in matters for consideration at the meeting.

To approve the minutes of the meeting held on 29 September 2009, attached.

None.

The Committee will consider a report of the Director of Finance and Corporate Resources, the purpose of which is to:

·                                 Describe the key figures published in the Statement of Accounts for 2009/10,

·                                 Summarise the accounting and presentational changes that have been made in accordance with the latest Statement of Recommended Practice (SORP) for local authority accounts,

·                                 Briefly outline the accounting changes brought about by the introduction of the International Financial Reporting Standards.

The Statement of Accounts is attached as appendix A to the report.

The Chair will seek permission from the Committee to consider this item as a matter of urgency.  The urgent nature of the report arises from the late submission of the report by the External Auditors and the importance of hearing it at this meeting.

The report seeks approval of the Annual Audit Plan and the proposed Audit work.