The Local Audit and Accountability Act 2014 sets out a new audit framework for local public authorities which are currently covered by the Audit Commission regime. Under the new audit framework smaller authorities, including parish councils, internal drainage boards, charter trustees and port health authorities, with an annual turnover not exceeding £25,000 will be exempt from routine external audit. In place of a routine audit, these smaller authorities will be subject to the new transparency requirements laid out in the Code attached below. This will enable local electors and ratepayers to access relevant information about the authorities’ accounts and governance.
Smaller authorities should publish:
(Paragraph numbers refer to the attached Code)
a. all items of expenditure above £100 (see paragraphs 13 - 15);
b. end of year accounts (see paragraphs 16 and 17),
c. annual governance statement (see paragraphs 18 and 19),
d. internal audit report (see paragraphs 20 – 22),
e. list of councillor or member responsibilities (see paragraph 23), and
f. the details of public land and building assets (see paragraphs 24 - 27),
g. Minutes, agendas and meeting papers of formal meetings (see paragraphs 29 and 30).
a. Is published in the attachments below.
b.c. and d are published in the Annual Reports Pages below.
e. Is published in the Parish Council Section.
f. Is published in the attachments below.
g. Are published in the Meetings, Minutes and Agenda Section.