This interim Annual Audit Letter to the new Abertawe Bro Morgannwg University Local Health Board (the Health Board) relates to my audits of the final, six-month period to 30 September 2009 of the Health Board’s predecessor bodies.
From my financial audit work I have concluded that the predecessor bodies’ resources were, in all material respects, properly used and accounted for in the six month period ended 30 September 2009:
- each predecessor body’s six month accounts for the period ended 30 September 2009 were properly prepared and materially accurate although we drew attention to uncertainties surrounding the costs of continuing healthcare;
- the predecessor bodies’ combined outturn position and the financial forecast to year end indicate that the new Health Board faces significant financial pressures in 2010 and beyond; and
- the predecessor bodies’ significant financial systems were generally fit for purpose for the closing period of accounts.