Decision details

Lancashire County Pension Fund - External Audit Plan 2018/19

Decision Maker: Pension Fund Committee

Decision status: Recommendations Approved

Is Key decision?: No

Purpose:

The audit plan sets out the key risks that the external audit by Grant Thornton will focus on, together with the timetable for the audit and the fee.

Decisions:

Ms A Pieri, Senior Manager Engagement Manager from Grant Thornton, presented a report on the nature and scope of work to be covered by the 2018/19 Audit Plan and informed the Committee that meetings had already taken place with County Council Officers so that the auditors could familiarise themselves with the Fund.

 

It was noted that the planned audit fee was less than that for the previous year and Ms Pieri confirmed that the fee was in line with the scale of fees published by Public Sector Audit Appointments Ltd and did not represent a significant change in the scope of the audit.

 

Resolved: That the Audit Plan for 2018/19, as set out in the Appendix to the report presented, is noted.

 

Report author: Helen Gallacher

Date of decision: 29/03/2019

Decided at meeting: 29/03/2019 - Pension Fund Committee

Accompanying Documents: