Confirm MRP and EFS accounting with the external auditor
Section 151 officer and finance: Confirm MRP and EFS accounting with the external auditor. Starts when: Accounts closedown begins. Steps: Submit the MRP policy; Record the auditor's written response; Reconcile the EFS borrowing entries to it; File. Done when: The written confirmation is on file and the accounts entries reconcile to it. Rules that apply: Statutory MRP guidance (Peterborough recommendation 6).