Decision details

This report will present the outcome of the audit of the Statement of Accounts for 2003/2004. The report from PricewaterhouseCoopers (PWC) will be attached.

427/2004 The Cabinet noted the issues raised by PWC and the proposed actions and responses as summarised in the report.
428/2004 The Cabinet recommended to Council the changes to the Statement of Accounts as set out in paragraphs 5.3 and 7.1 of the report and reflected in the amended sections of the Statement of Accounts set out at Appendix 2 to the report.
429/2004 The Cabinet agreed that the changes to the HRA and accounting for depreciation be adopted in the preparation of the 2004/2005 Statement of Accounts.
430/2004 That Cabinet agreed to the continuance of current policies for the accrual of salary costs and the provision for claims liabilities.

There is a statutory requirement to consider and respond to relevant matters raised by the auditor following the audit of the Council's accounts in each year.