System of internal financial including the system of internal control. The review of the effectiveness of the framework control is informed by the work of the Senior Management Team who have responsibility The system of internal financial control is for development and maintenance of the based on a framework of regular governance environment, the annual report management information, financial by the Chief Internal Auditor and reports from regulations, administrative procedures Audit Scotland and other review agencies. (including segregation of duties), management supervision, and a system of The Chief Internal Auditor reports directly to delegation and accountability. Development the IJB Performance and Audit Committee on and maintenance of these systems is all audit matters, with the right of access to undertaken by NHS Ayrshire and Arran and the Chief Officer, Chief Financial Officer and North Ayrshire Council as part of the Chair of the Performance and Audit operational delivery of the Health and Social Committee on any matter. In accordance with Care Partnership. In particular, these systems the principles of the code of corporate include: governance, regular reports were made to the IJB’s Performance and Audit Committee Financial regulations and codes of during 2017–18. financial practice Comprehensive budgeting systems The internal audit function has independent responsibility for examining, evaluating and Regular reviews of periodic and annual reporting on the adequacy of internal control. financial reports that indicate financial During 2017–18, the service operated in performance against the forecasts accordance with relevant professional audit Setting targets to measure financial and standards and the Public Sector Internal performance Audit Standards. Formal project management disciplines The Chief Internal Auditor is responsible for The IJB’s financial management forming an annual opinion on the adequacy arrangements conform to the governance and effectiveness of the systems of internal requirements of the CIPFA statement: ‘The control. Role of the Chief Financial Officer in Local It is the opinion of the Chief Internal Auditor Government (2010)’. that the systems of internal control relied upon by the IJB continue to provide Review of effectiveness reasonable assurance against loss. North Ayrshire IJB has responsibility for conducting, at least annually, a review of the effectiveness of its governance framework
System of internal financial control The system of internal financial control is based on a framework of regular management information, financial regulations, administrative procedures (including segregation of duties), management supervision, and a system of delegation and accountability. Development and maintenance of these systems is undertaken by NHS Ayrshire and Arran and North Ayrshire Council as part of the operational delivery of the Health and Social Care Partnership. In particular, these systems include: Financial regulations and codes of financial practice Comprehensive budgeting systems Regular reviews of periodic and annual financial reports that indicate financial performance against the forecasts Setting targets to measure financial and performance Formal project management disciplines The IJB’s financial management arrangements conform to the governance requirements of the CIPFA statement: ‘The Role of the Chief Financial Officer in Local Government (2010)’. Review of effectiveness North Ayrshire IJB has responsibility for conducting, at least annually, a review of the effectiveness of its governance framework including the system of internal control. The review of the effectiveness of the framework is informed by the work of the Senior Management Team who have responsibility for development and maintenance of the governance environment, the annual report by the Chief Internal Auditor and reports from Audit Scotland and other review agencies. The Chief Internal Auditor reports directly to the IJB Performance and Audit Committee on all audit matters, with the right of access to the Chief Officer, Chief Financial Officer and Chair of the Performance and Audit Committee on any matter. In accordance with the principles of the code of corporate governance, regular reports were made to the IJB’s Performance and Audit Committee during 2017–18. The internal audit function has independent responsibility for examining, evaluating and reporting on the adequacy of internal control. During 2017–18, the service operated in accordance with relevant professional audit standards and the Public Sector Internal Audit Standards. The Chief Internal Auditor is responsible for forming an annual opinion on the adequacy and effectiveness of the systems of internal control. It is the opinion of the Chief Internal Auditor that the systems of internal control relied upon by the IJB continue to provide reasonable assurance against loss.
SIGNED-audited-accounts-2017-18.docx