This interim Annual Audit Letter (the Letter) to the Aneurin Bevan Health Board (the HB) relates to my audits of the final, six month period to 30 September 2009 of the HB’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.
- All of the six-month accounts of the Local Health Boards (LHBs) and the Trusts were properly prepared, materially accurate, and certified by the due date, although I drew attention to the uncertainties surrounding the costs of Continuing Health Care (CHC);
- the health community’s financial position at demise, and forecast since then, indicate that there are significant financial risks to be tackled by the HB in 2010 and beyond; and
- the predecessor bodies’ significant financial systems were generally fit for purpose for the closing period of accounts, but issues were identified in relation to CHC arrangements in the LHBs’ accounts.