The Audit, Governance and Standards Committee of Southwark Council met on Thursday 25 April 2024 to review the 2022-23 Statement of Accounts, including the Pension Fund and associated audit findings. The committee approved the Statement of Accounts for 2022-23 for both the council and the Pension Fund, noting adjustments and considering the matters raised by the external auditors, Grant Thornton.

The committee considered the audit findings reports for the council and the Pension Fund for the 2022-23 financial year, as presented by Grant Thornton. They noted the adjustments made to the accounts and approved the letters of representation required to conclude the audits. The committee also noted the internal audit report on an objection to the 2021-22 statement of accounts and recommended that the Overview and Scrutiny Committee consider this matter further. A report back on this issue is to be provided to the Audit, Governance and Standards Committee in six months' time.