RBC unaudited accounts for the year ended 31 March 2018 can now be inspected

Mr George Lovejoy (1808-1883), in his time one of the auditors of the accounts of Reading corporation, would have been packed up and almost ready to be off on his holidays when this summer’s reading for Readingas finally arrived. The unaudited accounts for the year ended 31 March 2018 have been published and along with “all books, deeds, contracts, bills, vouchers and receipts relating to those accounts” can be inspected weekdays from 9.30am until 4.30pm until 20 September 2019.

If you would like to take advantage of this opportunity you should contact RBC.

By post to:

Executive Director of Resources,
Reading Borough Council,
Resources Directorate,
Civic Offices,
Bridge Street,
Reading,
RG1 2LU

… or by phone 0118 937 3787.

Inspection of a local authority’s accounts is a public right allowed under the Local Audit and Accountability Act 2014, sections 25,26 and 27, the Accounts and Audit Regulations 14,15 and 21 and the Local Audit (Public Access to Documents) Act 2017, section 1.

RBC’s statement of accounts, along with other financial, policy and legal information can be found on the council’s website.

The National Audit Office (NAO) have published a guide to exercising rights to inspection, asking questions and making objections responsibly.

As an interested person or journalist, you can inspect an authority’s accounts and related documents. An interested person includes electors but also business rate payers and others who may pay fees or charges to the authority.

If you are an RBC elector you can also:

  • ask questions about the accounts to the auditors Ernst & Young (EY),
  • object to the accounts.

To ask EY questions about the accounts, you should first contact them to make arrangements to do this.

By post to:

Maria Grindley,
Ernst & Young LLP,
Apex Plaza,
Forbury Road,
Reading,
RG1 1YE

… or by phone 07769 932 604.

Objections to the accounts can be made on the grounds that an item in the accounts is unlawful, that there has been a failure to bring a sum into account, or a loss or deficiency has been caused by wilful misconduct on which the auditor can take action, or make a report in the public interest under paragraph 1, Schedule 7 of S24 the Local Audit and Accountability Act 2014.

If you decide to object, you must send a written notice of the proposed objection and its grounds to the auditors and a copy of that notice must also be sent to the executive director of resources at the Civic Offices.

This must be done before the inspection period closes at 4.30pm on 20 September.


Links
  1. RBC unaudited accounts 2017/18 & notice of public inspection
  2. Local Authority accounts: a guide to your rights
  3. RBC – policies, finance and legal information
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