Invitation to become an opted-in authority - The Local Audit and Accountability Act 2014 and the Local Audit (Appointing Person) Regulations 2015 - Background report
(verbal update)
Minutes:
The Corporate Head of Finance provided an update on the invitation to consider whether to opt in to the PSAA scheme. A report requesting a formal decision would be submitted to the next Committee meeting on 16 December 2021, with the final decision to be taken by Council on 12 January 2022.
The Corporate Head of Finance responded to Members’ questions and agreed that the report would include experience of other local authorities who had chosen to opt out, including the costs incurred, and whether there was any possibility of cooperating with such local authorities.