All Councils are required to publish an annual statement of accounts by a specified date. The accounts show how money has been spent in the previous financial year.
When the accounts have been finalised and have been approved by Council, they are advertised to enable the public to examine them, the various documents can be accessed from this page.
All Councils are subject to independent internal audit and external audit in accordance with the Code of Audit Practice.
The Council is required to:
Make arrangements for the proper administration of its financial affairs.
Manage its affairs to secure economic, efficient and effective use of resources and safeguard its assets.
Publish a report of Members Allowances and Expenses paid in the financial year, in accordance with the Local Authorities (Members’ Allowances) (England) Regulations 2003.
The Finance Officer is required to:
Prepare the authority’s statement of accounts in accordance with proper practice and keep proper accounting records.