Annual Governance and Accountability Return 2018/19
Every smaller authority in England that either received gross income or incurred gross expenditure exceeding £25,000 must complete Part 3 of the Annual Governance and Accountability Return (AGAR) at the end of the financial year in accordance with Proper Practices:
The Annual Governance and Accountability Return is made up of three parts;
- The annual internal audit report is completed by the authority’s internal auditor
- Sections 1 and 2 are to be completed and approved by the authority.
- Section 3 is completed by the external auditor and will be returned to the authority
The authority must approve Section1, Annual Governance Statement, before approving Section 2, Accounting Statements and both must be approved and published before the 1st July 2019.
Publication Requirements
Under the Accounts and Audit Regulations 2015, authorities must publish the following information on a publicly accessible website:
Before 1st July 2019 authorities must publish:
- Notice of the period for the exercise of public rights and a declaration that the accounting statements are as yet unaudited;
Each year the smaller authorities Annual Governance and Accountability Statement (AGAR) needs to be reviewed by an external auditor and the unaudited AGAR has to be published. The AGAR is yet to be reviewed by the appointed auditor and it is subject to change as a result of that review.
Any person interested has the right to inspect and make copies of the accounting records for the financial year to which the audit relates and all the books, deeds, contracts, bills, vouchers, receipts and other documentation relating to those records must be made available for inspection by any person interested.
For further details, please visit the link below
Notice of Public Rights & Publication of Unaudited AGAR
Not later than 30th September 2019 authorities must publish: