Agenda item

Report of the Chamberlain.

The Committee considered a report of the Chamberlain which outlined the key areas of work which had been conducted by the Financial Services Division over the previous quarter.

The Chairman advised the Committee that he had requested the Chamberlain to undertake work to adjust the presentation of management accounts updates to Committees from April 2017. The Chamberlain explained that information which was prepared for national reporting (such as budgets or Statements of Accounts) would still need to be prepared in line with International Financial Reporting Standards for Local Government Accounts.

RESOLVED – That the Committee notes the report.