Thursday 21 January 2016

External Audit: Extension of Deadline for opting out of the “Sector-led Body” arrangements


Published on the SLCC Website on the 15th January 2016

'The Board of Smaller Authorities' Appointments Ltd (the 'sector-led body') has confirmed that the deadline for councils to 'opt out' of the SLB external audit arrangements is 31 March 2016. This is an extension from the earlier 31 January deadline.

Councils which wish to opt out and appoint their own external auditors must do so by resolution of the full council. They will wish to be aware of the statutory procedures for appointing external auditors (including the requirement to have an auditor panel consisting wholly or mainly of independent members) as set out in sections 7 to 18 and Schedules 3 to 5 of the Local Audit and Accountability Act 2014.

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