Common use of Audit Arrangements Clause in Contracts

Audit Arrangements. 12.1 The Lead Council, as the operator of the Services will arrange for the audit of the Pooled Budget accounts and this will be certified by the Auditor appointed by the Audit Commission in the annual return, under section 28 of the Audit Commission ▇▇▇ ▇▇▇▇. This will relate to the level of contributions made by each of the Partner Organisations and the total expenditure from the pool. 12.2 Audit will also be supported by evidence that management reporting to the Partner Organisations identify how far joint store operation is fulfilling the aims, outcomes and targets that were agreed by the Partner Organisations at the outset and set in the start of year service and financial plan. 12.3 The timing of audit requirements may vary between the different partner agencies and it is the responsibility of the Lead Council as the host to align audit timetables to the satisfaction of all parties. 12.4 Any additional costs arising from audit will be met from the pooled fund. 12.5 Reports will be provided to the Boards of the Partner Organisations on the performance of the Services and financial plans as requested.

Appears in 2 contracts

Sources: Joint Agreement for Berkshire Community Equipment Services (Bces), Joint Agreement for Berkshire Community Equipment Services (Bces)