Issue - meetings

This report provides an update on timelines for the completion of Draft Statement of Accounts 2024/25.  It also sets out changes in Accounting Policies for 2024/25, and provides an outline of the changes to local audit system leadership and the establishment of a Local Audit Office.

Recommendation

       i.          To note the update in relation to the 2024/25 Statement of Accounts timeframes.

      ii.          To ratify the draft Accounting Policies for 2024/25 as approved by the Director of Finance as set out in Appendix 1.

     iii.          To note the changes with the Financial Reporting Council local audit system leadership and the establishment of a Local Audit Office.