Issue - meetings

To consider a report of the Director of Corporate Resources – Corporate

Services seeking approval of the Statement of Accounts for 2016/17.

Committee received a report from the Director of Corporate Resources (Item 11 in the Minute Book) regarding the Statement of Accounts for 2016/17.

Members had been briefed on the report, and it was confirmed that insurance related aspects in the report would be looked at in further detail at a future meeting.

RESOLVED:

a)    The Statement of Accounts for 2016/17 were approved

b)    The letters of representation for Hampshire County Council and the Hampshire Pension Fund were signed

c)    It was agreed that delegate authority would be given to the Director of Corporate Resources to approve any minor amendments to the Statement of Accounts prior to the issue of the final audit opinion and publication of the Statement of Accounts.

d)    The Audit Committee noted the change in the statutory accounts timetable from the 2017/18 financial year and the requirement to approve the Statement of Accounts by the earlier date of 31 July each year.

e)    A report would come to a future Committee meeting, which would detail the approaches to self insurance and general liabilities cover.