Transparency Code

The Local Audit and Accountability Act 2014 sets out a new audit framework for local public authorities which are currently covered by the Audit Commission regime. Under the new audit framework parish councils with an annual turnover not exceeding £25000 will be exempt from routine external audit. In place of routine audit there are new transparency requirements set out in the code. The intention is that local electors will be able to access relevant information about accounts and governance through these transparency requirements.

Information to be published (wording direct from the code is set out in the appendix)

1. All items of expenditure over £100
2. End of year accounts
3. Annual Governance Statement
4. Internal Audit Report
5. List of councillor or member responsibilities
6. Details of public land and building assets
7. Minutes, agendas and meeting papers of formal meetings