Issue - meetings

Report by Head of Strategic Finance

The external auditors, Audit Scotland, have completed their audit of the Council’s accounts for the year to 31 March 2012.  Consideration was given to the audited accounts incorporating the audit certificate for 2011-2012 which had been presented to the Council on 22 November 2012.

Decision

1.        Noted the audited accounts and the terms of the audit certificate;

2.        Noted that the Short Term Creditors figure recorded within Appendix 1 of the Head of Strategic Finance’s covering report in respect of the Balance Sheet should read (3,082) and not (33,082); and

3.        Noted that at page 39 of the Audited Accounts under paragraph 1.6.3 (b) Local Government Pension Scheme - the discount rate should read 4.8% and not 6.9%.

(Reference: Report by Head of Strategic Finance dated 1 November 2012 and  Audited Financial Statements for the year ended 31 March 2012, submitted)