This report summarises the findings from the audit work undertaken at Cardiff and Vale University Local Health Board during 2015.
This report concludes that:
- the Health Board’s accounts were properly prepared and materially accurate but there is scope for improvement in some areas;
- the Health Board had an effective control environment to reduce the risk of material misstatements to the financial statements; and
- the Health Board’s control activities that we considered as part of the audit were appropriately controlled and operating as intended, although there are some weaknesses which require management action.