Annual Audit Letter 2007-2008

Annual Audit Letter Gloucestershire Primary Care Trust Audit 2007/08 December 2008 Contents Summary 3 Purpose, responsibilities and scope 4 Audit of the accounts 5 PCT’s use of resources 6 Closing remarks 13 Status of our reports The Statement of Responsibilities of Auditors and Audited Bodies issued by the Audit Commission explains the respective responsibilities of auditors and of the audited body. Reports prepared by appointed auditors are addressed to non-executive directors/members or officers. They are prepared for the sole use of the audited body. Auditors accept no responsibility to: • any director/member or officer in their individual capacity; or • any third party. Summary Summary Key messages 1 The Primary Care Trust's (PCT) arrangements for preparing its financial statements have improved significantly this year. There were no material issues to bring to the attention of Directors and I issued an unqualified 'true and fair' opinion on your accounts on 20 June 2008. 2 The PCT has made good progress in securing economy, efficiency and effectiveness in the use of its resources. My assessment this year in the areas of financial reporting, financial management, financial standing, internal control and value for money have all improved resulting in an overall increase in your categorisation to 'performing well'. 3 I concluded that the PCT has proper arrangements in place to achieve value for money. I also highlighted ...