To receive a report from the Council’s External Auditor.

The Committee received a covering report on behalf of the Council’s External Auditor, KPMG, which had attached a draft External Audit Plan & Strategy for the year ending 31 March 2024.  The external audit process included the approval of the annual Statement of Accounts results and the publication of accurate, transparent financial information which gave a true and fair view of Reading Borough Council’s economic performance and financial stability.  Jonathan Brown and Edward Mills from KPMG were present at the meeting and highlighted key areas from the Audit Plan & Strategy for the Committee to consider.

Resolved:       That KPMG’s draft External Audit Plan & Strategy for the year ending 31 March 2024 be noted.