Decision details

Fiona Blatcher presented a report on the proposed fees for the external audit of Lancashire County Council and Lancashire Pension Fund for 2012/13.

This comprised of an audit fee letter which set out the main elements of the proposed audit work for 2012/13 and highlighted the specific risks which would be reviewed as part of this work.

It was noted that the fees represented a reduction of 40% compared to the audit fees for 2011/12 and that the fees would be reviewed and updated as the work progressed.

Resolved:  That the external auditor's fee letter for the audit of the County Council and the Pension Fund for the year ending 31 March, 2013 be noted.