Decision details

The Committee considered a report setting out the Annual Audit Letter for the County Council and the Lancashire County Pension Fund for 2016/17.

It was reported that the Annual Audit Letter confirmed the actions that had been undertaken by Grant Thornton, the County Council's external auditors, together with the key messages in relation to the financial statements audit and audit opinion, and the Value for Money conclusion.

The Committee considered that the wording of a number of statements in the 'Findings and Conclusions' column of the Audit Letter should be made clearer, e.g. the reference to the Council's arrangements for working effectively with third parties. This would be taken forward by the External Auditor.

Resolved: - That the report be noted.