Issue - meetings
External Audit Update - Draft Accounts 2021/22
Meeting: 21/06/2023 - Audit, Standards and Risk Committee (Item 162)
162 Draft Accounts 2022/23 
PDF 524 KB
Additional documents:
- 15a 2022-23 SYMCA Statement of Accounts, item 162
PDF 2 MB
- 15b PTE Annual Accounts 2022-23, item 162
PDF 1 MB
- Webcast for Draft Accounts 2022/23
Minutes:
Members were provided with an update on the preparation of the 2022/23 Annual Accounts for the MCA and SYPTE.
It was highlighted that the draft accounts had not yet been published for public inspection, although the deadline had been 31st May. This reflected the ongoing work on the 2021/22 external audit. It was intended to publish the unaudited accounts by 30th June, in line with most other MCAs. Although the statutory deadline to publish the 2022/23 audited accounts was 30th November 2023, the External Auditor had previously informed the Committee that work would not commence before January 2024.
The Executive Director of Resources & Investment advised following the concerns raised at the March meeting, he had written to Public Sector Audit Appointments (PSAA) to explore the possibility of ending the contract with Ernst & Young and transferring the 2022/23 accounts to another provider.
It was noted that a national response from Government was expected shortly, to address the issue of the outstanding 2021/22 Accounts.
RESOLVED that Members review the single entity (MCA and SYPTE) Annual Accounts for 2022/23 prior to publication.
(The Acting Executive Director of Transport joined the meeting.)