Recommendations
Leaders’ Committee is asked:
• to note the recommendation of the Audit Committee; and
• approve the extension of the external audit contract with KPMG for an additional year to include the audit of the 2018/19 accounts.
Summary
At its meeting on 22 March 2018, the Audit Committee received a report regarding the extension of the external audit contract for an additional year to include the audit of the 2018/19 accounts. KPMG was awarded the contract in December 2015 for an initial three year period with an option to extend it for an additional year subject to satisfactory performance. The initial three year period covered the audit of the 2015/16, 2016/17 and 2017/18 financial accounts. The Audit Committee considered the report and recommends that Leaders’ Committee approves the extension of the external audit contract.
Recommendations
Leaders’ Committee is asked:
• to note the recommendation of the Audit Committee; and
• approve the extension of the external audit contract with KPMG for an additional year to include the audit of the 2018/19 accounts.