Issue - meetings

Going Concern

Meeting: 24/11/2020 - Audit Committee (Item 21)

21 Going Concern pdf icon PDF 265 KB

Report of the Assistant Director - Finance.

Minutes:

The Assistant Director Finance introduced a report, which had been circulated in advance of the meeting informing Members of the Chief Financial Officer’s assessment of the Council’s “Going Concern” status for the purpose of the Statement of Accounts 2019/20.

 

RESOLVED to:

 

Note the outcome of the assessment made by the Chief Financial Officer that Gedling Borough Council can continue to operate as a going concern for  a period of twelve months from the date of signing the audit opinion, and accordingly remains a going concern for the purpose of the 2019/20 Statement of Accounts.