Rutland County Council Audit 2013 KPMG
http://www.rutland.gov.uk/pdf/RCC%20AAL%202012-13.pdf
VFM conclusion
We issued an unqualified value for money (VFM) conclusion for 2012/13 on 27 September 2013.
This means we are satisfied that you have proper arrangements for securing financial resilience and challenging how
you secure economy, efficiency and effectiveness.
To arrive at our conclusion we looked at your financial governance, financial planning and financial control processes,
as well as how you are prioritising resources and improving efficiency and productivity.
VFM risk areas Our initial risk assessment took into account the Authority’s key business risks which are relevant to our VFM
conclusion.
We specifically considered the business risks highlighted in our Audit Plan regarding:
•the steps required to be taken by the Authority to deliver the current year’s savings target and the longer term savings required by the medium term financial plan. plan.; and
•the importance of the Authority having effective arrangements for delivering its large capital projects, including the Oakham Enterprise Park and Digital Rutland projects.
We also considered other matters brought to our attention during the year by officers and members of the public.
We were satisfied that sufficient work in relation to these issues was being carried out by the Authority to mitigate the audit risks for our 2012/13
VFM conclusion. We concluded that we did not need to carry out any specific additional
work ourselves as part of the 2012/13 audit.
Audit opinion We issued an unqualified opinion on your financial statements on 27 September 2013. This means that we believe the financial statements give a true and fair view of the financial position of the Authority and of its expenditure and income for the year.
Financial statements audit
We reported the significant matters arising from the financial statements audit to the Audit Committee in our Report to those Charged with Governance. We did not need to report any significant audit differences to the Committee, and the quality of the accounts and supporting working papers was good. We did not highlight any specific areas for improvement.
Annual Governance
Statement
We reviewed your Annual Governance Statement and concluded that it was consistent with our understanding of
your arrangements.
Whole of Government
Accounts
We carried out the mandated audit work on the consolidation pack which the Authority prepared to support the production of Whole of Government Accounts by HM Treasury.
We did not need to report to the National Audit Office
any inconsistencies between the Authority’s audited accounts and the submitted pack
Certificate We issued our certificate on 27 September 2013.
The certificate confirms that we have concluded the audit for 2012/13 in accordance with the requirements of the Audit Commission Act 1998 and the Audit Commission’s Code of Audit Practice.
Audit fee Our fee for 2012/13 was £86,238, excluding VAT. Further detail is contained in Appendix 2.
http://www.rutland.gov.uk/pdf/RCC%20AAL%202012-13.pdf
VFM conclusion
We issued an unqualified value for money (VFM) conclusion for 2012/13 on 27 September 2013.
This means we are satisfied that you have proper arrangements for securing financial resilience and challenging how
you secure economy, efficiency and effectiveness.
To arrive at our conclusion we looked at your financial governance, financial planning and financial control processes,
as well as how you are prioritising resources and improving efficiency and productivity.
VFM risk areas Our initial risk assessment took into account the Authority’s key business risks which are relevant to our VFM
conclusion.
We specifically considered the business risks highlighted in our Audit Plan regarding:
•the steps required to be taken by the Authority to deliver the current year’s savings target and the longer term savings required by the medium term financial plan. plan.; and
•the importance of the Authority having effective arrangements for delivering its large capital projects, including the Oakham Enterprise Park and Digital Rutland projects.
We also considered other matters brought to our attention during the year by officers and members of the public.
We were satisfied that sufficient work in relation to these issues was being carried out by the Authority to mitigate the audit risks for our 2012/13
VFM conclusion. We concluded that we did not need to carry out any specific additional
work ourselves as part of the 2012/13 audit.
Audit opinion We issued an unqualified opinion on your financial statements on 27 September 2013. This means that we believe the financial statements give a true and fair view of the financial position of the Authority and of its expenditure and income for the year.
Financial statements audit
We reported the significant matters arising from the financial statements audit to the Audit Committee in our Report to those Charged with Governance. We did not need to report any significant audit differences to the Committee, and the quality of the accounts and supporting working papers was good. We did not highlight any specific areas for improvement.
Annual Governance
Statement
We reviewed your Annual Governance Statement and concluded that it was consistent with our understanding of
your arrangements.
Whole of Government
Accounts
We carried out the mandated audit work on the consolidation pack which the Authority prepared to support the production of Whole of Government Accounts by HM Treasury.
We did not need to report to the National Audit Office
any inconsistencies between the Authority’s audited accounts and the submitted pack
Certificate We issued our certificate on 27 September 2013.
The certificate confirms that we have concluded the audit for 2012/13 in accordance with the requirements of the Audit Commission Act 1998 and the Audit Commission’s Code of Audit Practice.
Audit fee Our fee for 2012/13 was £86,238, excluding VAT. Further detail is contained in Appendix 2.
