Decision status: Recommendations Approved
Is Key decision?: No
The Committee considered a report setting out the findings of the external auditor following the audit of the Pension Fund accounts for 2014/15. The report was also considered by the County Council's Audit and Governance Committee on 28 September 2015.
The report set out the key issues arising from the audit and confirmed that no control weaknesses were required to be highlighted. It was also confirmed that the outstanding issues referred to on page 187 of the report had now been completed.
The two opinions around the statement of accounts referred to in the report had now been issued and in overall terms it was reported that the statement of accounts and the annual report itself had been produced to a very high standard. The external auditor wished to thank the finance and pension teams for their assistance during the audit.
The Committee welcomed the unqualified audit opinion provided by the external auditor.
Resolved: - That:
(i) The report of the external auditor following the audit of the Lancashire County Pension Fund Accounts for 2014/15, now presented, be welcomed and noted;
(ii) The Pension Fund be congratulated on the findings of the external auditor.
Date of decision: 30/09/2015
Decided at meeting: 30/09/2015 - Pension Fund Committee
Accompanying Documents: