The Accounting and Audit Regulations govern the requirements for the production of the Councils accounts. The Council is classed as a ‘smaller authority’ and its statutory accounts are produced in the form of the Annual Governance and Accountability Return (AGAR) which is subject to a Limited Assurance Audit by PKF Littlejohn LLP, 1 Westferry Circus, Canary Wharf, London, E14 4HD.
The Council is required:
- To make arrangements for the proper administration of its financial affairs
- To secure that one its officers has the responsibility for the administration of those affairs.
Clint Cum Hamlets Parish Clerk is the Responsible Financial Officer whose role is:
- To manage the affairs to secure economic, efficient and effective use of resources and safeguard its assets
- To approve the Annual Governance and Accountability Return
- To approve the Statement of Accounts.
In addition, the Responsible Finance Officers is:
- Responsible for the preparation of the Councils Annual Governance and Accountability Return in accordance with Governance and Accountability for Smaller Authorities in England to present a true and fair view of the financial position of the Council at year end and its income and expenditure for the year end.
In preparing these financial statements, the Responsible Finance Officer has:
- Selected suitable accounting policies and then applied them consistently
- Made judgements and estimates that were reasonable and prudent complied with generally accepted accounting practice
- Kept proper accounting records which were up to date
- Taken reasonable steps for the prevention and detection of fraud and other irregularities