Decision details

External Audit - Lancashire County Pension Fund Audit Findings Report 2017/18

Decision Maker: Audit, Risk and Governance Committee

Decision status: Recommendations Approved

Is Key decision?: No


The Committee considered a report setting out the findings of the external auditor in relation to the audit of the annual accounts of the Lancashire County Pension Fund, and the proposed opinion on the accounts.


The report set out the key issues arising from the audit; the significant and potential risks; issues raised with management and audit adjustments, before concluding with the audit opinion.


The Committee's attention was drawn to one material adjustment to the financial statements that had resulted in a £137m adjustment to the Fund's reported financial position.


Resolved: - That the report, now presented, be noted.

Date of decision: 30/07/2018

Decided at meeting: 30/07/2018 - Audit, Risk and Governance Committee

Accompanying Documents: