Statement of accounts 2021 to 2022 - delayed opinion notice

Surrey County Council external audit of accounts: year ended 31 March 2022

Publication of Surrey County Council Statement of Accounts and Audit Opinion

The Accounts and Audit Regulations 2015 – Regulation 10, as amended by The Accounts and Audit (Amendment) Regulations 2021

The audit of the draft statement of accounts for the year ended 31 March 2022 for Surrey County Council has not yet been completed by the external auditors, Grant Thornton UK LLP. The Accounts and Audit (Amendment) Regulations 2021 require that the audited accounts and opinion are published by 30 November 2022.

The delay has arisen due to a combination of factors, including the following:

  • the increased assurance work that auditors are required to carry out nationally with respect to pensions and asset valuations.
  • the statutory override to change reporting requirements on infrastructure assets will not come into force until the end of December 2022

The audit and issue of the audit opinion is expected to conclude during January 2023 after which the statement of accounts and audit opinion will be published as soon as is reasonably practicable.

Therefore, this notice of delayed audit is being published in accordance with Regulation 10, paragraph (2a) of the Accounts and Audit Regulations 2015.

Surrey County Council's Audit and Governance Committee was formally advised of this matter on 28 November 2022 and subject to the delegations agreed at this committee the final audited accounts will be published as soon as the audit is concluded.