Issue - meetings

A report was presented on the audit findings in relation to the accounts of the Lancashire County Pension Fund.

In commenting on the Lancashire County Pension Fund account, Fiona Blatcher, external auditor, informed the committee that the audit work had not identified any material adjustments affecting the Fund's draft financial position. However, a number of minor amendments had been identified and these had been discussed with the Treasurer to the Pension Fund and officers, and where appropriate the accounts had been amended.

Resolved: That:

i)  The external audit findings report covering the audit of the Lancashire County Pension Fund for year ended 31 March 2013 be noted.

ii)  The adjustments to the financial statements and other issues raised by the auditor as set out in the report presented, be noted.