Minutes for AUDIT COMMITTEE meeting, Oct 30 2009, 9.30AM official page

Apologies for absence and notification of substitute members

If any

To receive from Members declarations and the nature thereof in relation to:-

(a)    

Personal Interests in any Agenda item

(b)    

Personal and Prejudicial Interests in any Agenda item

To deal with general questions and statements from members of the public in accordance with the scheme of public participation set out in Appendix A referred to in the Public Participation Scheme.

To receive petitions in accordance with the scheme of public participation set out in Annex 2 in Part 4 of the Constitution.

To consider proposals, if any, to deal with any item likely to involve disclosure of exempt information as defined in the relevant paragraph(s) of Part I of Schedule 12A of the Local Government Act 1972 prior to the exclusion of the press and public.

To consider the Audit Commission’s Annual Governance Reports to the Audit Committee in respect of South Bedfordshire District Council and Bedfordshire County Council following their validation of the Statements of Accounts 2008/09. (Annual Governance Reports to follow)

This report presents the Bedfordshire County Council Statement of Accounts 2008/09 to the Audit Committee for approval.

Note: the Statement of Account will follow as a Supplementary document.

This report presents the South Bedfordshire District Council Statement of Accounts 2008/09 to the Audit Committee for approval.

This report presents the Mid Bedfordshire District Council Statement of Accounts 2008/09 to the Audit Committee for approval.

The report outlines the likely changes arising from the introduction of International Financial Reporting Standards (IFRS) and sets out the Council’s approach to planning for these changes.  The changes come into full effect from 2010-11 and, in some areas, will have an impact on the Council’s systems and management processes.