Audit Arrangements. What Audit arrangements are needed? Has an internal auditor been appointed? Who will liaise with/manage the auditors? Whose external audit regime will apply?
Audit Arrangements. 7.1 In addition to the provisions in Clause 14 (Audit and Right of Access) of this Agreement, the Council may in respect of this Schedule 1B arrange for an audit of assessments for equipment and the application of the Eligibility Criteria. The costs arising from this audit will be shared equally by the Partners. ANNEX A - ELIGIBILITY CRITERIA FOR ACCESS TO SERVICES UNDER THE EQUIPMENT LOANS SERVICE
Audit Arrangements. What Audit arrangements are needed?
Audit Arrangements. 16.1 DWP and SM will abide by the principles of audit and accountability as set out in the document ‘Scottish Devolution: A Framework for Audit and Accountability’.
Audit Arrangements. The Trust and the Council are responsible for the audit of the funding that they control. Since under this arrangement each Party remains responsible for the discharge of their statutory responsibilities (including but without prejudice to the generality all financial accountability) then the expenditure incurred by each Party under these arrangements will be subject to the external audit requirement of each statutory body. The Trust and The Council shall provide access to each Partner’s internal and external auditors in respect of matters concerning the Funding managed by The Trust.
Audit Arrangements. The Authorized Party shall assign an external auditor/ practitioner to examine annually, in compliance with the “Terms of Reference: Assurance Engagement for Funds Disbursed under the Disbursement in Tranches Procedure” (Attachment C5) whether or not the Funds have been managed properly. The annual audit reports (signed original documents including the corresponding “Statement on Internal Control”, if any) shall be presented to KfW no later than three months after the end of the Authorized Party’s financial year. If the initial disbursement is effected during the first half of the financial year, the first audit shall be presented to KfW no later than three months after the end of that financial year. If the initial disbursement is effected during the second half of the financial year, the first audit shall be presented to KfW not later than three months after the end of the following financial year. In this case, the period under review may cover up to 18 months. The final audit report shall be presented no later than three months after the end of the financial year in which the final payment out of the Special Account or a Local Special Account is effected or six months after the final payment out of the Special Account or a Local Special Account, whichever occurs earlier. The audit costs for the external auditor shall be borne by the Authorized Party.
Audit Arrangements. 12.1 The Lead Council, as the operator of the Services will arrange for the audit of the Pooled Budget accounts and this will be certified by the Auditor appointed by the Audit Commission in the annual return, under section 28 of the Audit Commission Xxx 0000. This will relate to the level of contributions made by each of the Partner Organisations and the total expenditure from the pool.
Audit Arrangements. 11.1 The Welsh Ministers and HMPPS shall maintain full and proper accounts and records relating to the commissioned learning and skills provision within this MOU to demonstrate:
Audit Arrangements. In compliance with any additional audit arrangements required by the Department of Health and Social Care for BCF, CCG audit arrangements will be applied to the pooled BCF budget and Council’s audit arrangements will be applied to the pooled iBCF budget. Any recommendations from internal and external auditors pertaining to BCF and iBCF will be shared with both Partners at the JSCG. Financial Management Both Partners’ financial management data systems will be used to capture spend for the services they each commission. The Council acting as the host for the monitoring and reporting of the BCF and iBCF will formally report spend information through FSG to the JSCG. Total spend will be agreed by both partners through FSG and any issues arising will be escalated to the JSCG. Systems in use by both Partners will comply with any additional requirements from the Department of Health and Social Care for BCF.
