Issue - meetings

To consider and accept the plan

Decision

To accept and approve the Audit Plan

Yvonne Thomas (Audit Wales) was welcomed to the meeting.

An Outline Audit Plan for 2023 was submitted, introducing the audit team together with fees and a timeline for auditing work intended to be completed during the year, in line with the statutory responsibility they held as external auditors. It was noted that the Detailed Audit Plan 2023 would be presented during September 2023 due to the requirements of key amendments to ISA315 which meant that the auditors had to carry out further work on considering and evaluating risks before publishing the Plan. It was added that the report on the work of auditing the Financial Statements would be presented to the Committee during November 2023. 

The members expressed their thanks for the report and to Yvonne Thomas for attending the meeting.

RESOLVED:

To accept the Plan and note the information.