Annual Report and Accounts 2009-10 - Welfare Reform impact ...

More documents

Recommendations

Info

Significant internal control issues ILF Grant Recovery work is an area that I sought additional assurance for in 2009-10. The Grant Recovery process was also subject to internal audit scrutiny (at the request of ILF Senior Management) and subsequently received an adequate assurance rating. Focussing on this area has led to improved reporting to the Trustees Board, Audit Committee, SMB and DWP; it has also improved assurance and confidence in this area of work. The Grant Recovery Team routinely publishes detailed performance reports highlighting the current position. It is noteworthy that three internal audit assignments were actively sought by ILF Senior Management to gain assurance on vital areas of the business. Each of these audit assignments gained either substantial or adequate assurance ratings. During the year there have been no significant control weaknesses reported within the ILF. Our audit and internal management reporting continue to identify issues to be addressed within normal day-to-day business and none of these have been identified as significant control weaknesses. Patrick Boyle, Chief Executive and Accounting Officer 23 June 2010 66 Independent Living Fund (2006)
The Certificate and Report of the Comptroller and Auditor General to the Houses of Parliament I certify that I have audited the financial statements of the Independent Living Fund (2006) for the year ended 31 March 2010 under the Government Resources and Accounts Act 2000. These comprise the Net Expenditure Account, the Statement of Financial Position, the Statement of Cash Flows, the Statement of Changes in Taxpayers’ Equity and the related notes. These financial statements have been prepared under the accounting policies set out within them. I have also audited the information in the Remuneration Report that is described in that report as having been audited. Respective responsibilities of the Board of Trustees, Chief Executive and auditor As more fully explained in the Statement of Accounting Officer’s and Trustees’ Responsibilities, the Board of Trustees and Chief Executive, as Accounting Officer, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. My responsibility is to audit the financial statements in accordance with applicable law and International Standards on Auditing (UK and Ireland). Those standards require me and my staff to comply with the Auditing Practices Board’s Ethical Standards for Auditors. Scope of the audit of the financial statements An audit involves obtaining evidence about the amounts and disclosures in the financial statements sufficient to give reasonable assurance that the financial statements are free from material misstatement, whether caused by fraud or error. This includes an assessment of: whether the accounting policies are appropriate to the Independent Living Fund (2006)’s circumstances and have been consistently applied and adequately disclosed; the reasonableness of significant accounting estimates made by the Independent Living Fund (2006); and the overall presentation of the financial statements. In addition, I am required to obtain evidence sufficient to give reasonable assurance that the expenditure and income reported in the financial statements have been applied to the purposes intended by Parliament and the financial transactions conform to the authorities which govern them. 67 Annual Report and Accounts 2009-10
Page 1 and 2:
Independent Living Fund (2006) Annu
Page 3 and 4:
Independent Living Fund (2006). Ann
Page 5 and 6:
Contents. About us 4 Engaging effec
Page 7 and 8:
5 Annual Report and Accounts 2009-1
Page 9 and 10:
A message from the Chairman and the
Page 11 and 12:
Our values and behaviours. The ILF
Page 13 and 14:
11 Annual Report and Accounts 2009-
Page 15 and 16:
Delivering a high quality service t
Page 17 and 18: Strategic aim 1 Our application cle
Page 19 and 20: A new advisory group supports our T
Page 21 and 22: Strategic aim 2 At the event, we la
Page 23 and 24: Strategic aim 3. Engaging proactive
Page 25 and 26: 23 Annual Report and Accounts 2009-
Page 27 and 28: Strategic aim 4 Finally, our commit
Page 29 and 30: Audit service The Comptroller and A
Page 31 and 32: Strategic aim 5 Business continuity
Page 33 and 34: Increasingly, the experiences and n
Page 35 and 36: The ILF prides itself in placing us
Page 37 and 38: Introducing the people behind the I
Page 39 and 40: Introducing the people behind the I
Page 41 and 42: 39 Annual Report and Accounts 2009-
Page 43 and 44: Trustees’ appointments, training
Page 45 and 46: Management Commentary • Biannual
Page 47 and 48: Management Commentary The ILF reque
Page 49 and 50: Statement of Accounting Officer’s
Page 51 and 52: • to be appraised by the Chief Ex
Page 53 and 54: Remuneration Report for the year en
Page 63 and 64: Capacity to handle risk Whilst ever
Page 65 and 66: Statement on Internal Control for t
Page 67: Statement on Internal Control for t
Page 71 and 72: The Certificate and Report of the C
Page 73 and 74: Statement of Financial Position as
Page 75 and 76: Statement of Cash Flows for the yea
Page 77 and 78: Transferred Assets Reserve - relate
Page 79 and 80: In the current year the FReM includ
Page 81 and 82: Notes to the Accounts for the year
Page 100: Published by TSO (The Stationery Of
show all

Annual Report and Accounts 2009-10 - Welfare Reform impact ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?