Decision details

Karen Murray, director, Grant Thornton presented the External Audit Plan for the audit of the pension fund for 2013/14.

The Audit Plan set out the main risk areas which the audit would focus on and how the audit team plans to obtain the necessary assurances. These risks related to the three key elements of the fund accounts being;

·   investments,

·  contributions and

·  benefits payable.

The committee noted that the fee for the audit of the pension fund had been set at £35,906.

The committee also noted that the Plan had been reported to Council's Pension Fund Committee on 28 March 2014 and that they had raised no comments. 

Resolved: - That the External Audit Plans for the audit of the County Pension Fund for 2013/14, and the fees therein, be noted.