Devon County Council and Devon Pension Fund
Audit of Accounts, years ended 31 March 2021 and 31 March 2022
The Accounts and Audit Regulations 2015 – Regulation 10, as amended by
The Accounts and Audit (Amendment) Regulations 2021 and 2022
The audits of the draft statements of accounts for the years ended 31 March 2021 and 31 March 2022 for Devon County Council and Devon Pension Fund have not yet been completed by the external auditors, Grant Thornton UK LLP. The Accounts and Audit (Amendment) Regulations 2021 and 2022 require that the audited accounts and opinions are published by 30 September 2021 and 30 November 2022 respectively.
The delay has arisen due to a combination of factors, including:
- the national issue affecting infrastructure assets, where legislation has been laid before Parliament on 30 November 2022 to deal with the local authority accounting for infrastructure and is due to come into force on 25 December 2022.
The Authority’s external auditors have advised the Audit Committee at its meeting on 29 November that they expect to conclude the audit of the financial statements by the time of the next Audit Committee on 28 February 2023 after which the statement of accounts and audit opinions can be published as soon as is reasonably practicable.
Therefore, this notice of delayed audit is being published in accordance with Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015. For further information please see The Accounts and Audit Regulations 2015.
Director of Finance and Public Value
Devon County Council
5 December 2022
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