Issue - meetings

DYFED PENSION FUND AUDIT OF FINANCIAL STATEMENT REPORT

 

 

Meeting: 16/10/2020 - Governance & Audit Committee (Item 3)

3 DYFED PENSION FUND AUDIT OF FINANCIAL STATEMENT REPORT pdf icon PDF 202 KB

Additional documents:

Minutes:

The Committee received for consideration the report of Audit Wales on the audit undertaken of the Dyfed Pension Fund Accounts which considered whether the financial statement gave a true and fair view of the financial position of the Dyfed Pension Fund at 31st March, 2020 and its income and expenditure during that year.

 

The Committee was advised that whilst Audit Wales intended to issue an unqualified audit report on the accounts, there were some issues which needed to be reported to the Committee prior to their approval, details of which were included in the report.

 

The Committee was pleased to note that Audit Wales intended to issue an unqualified audit opinion on the accounts which would be issued as soon as the Letter of Representation had been provided.  The Committee was also pleased to note that there were no misstatements identified in the financial statements which remained uncorrected.

UNANIMOUSLY RESOLVED that the report be received.