Changes over time for: Cross Heading: Accounts and audit
Status:
Point in time view as at 21/09/2015.
Changes to legislation:
There are currently no known outstanding effects for the Qualifications Wales Act 2015, Cross Heading: Accounts and audit.
Changes to Legislation
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Accounts and auditE+W
32(1)Qualifications Wales must keep proper accounts and proper records in relation to the accounts.E+W
(2)Qualifications Wales must prepare a statement of accounts in respect of each financial year in accordance with directions given by the Welsh Ministers.
(3)The directions may make provision as to—
(a)the information to be contained in the statement;
(b)the manner in which the information is to be presented;
(c)the methods and principles according to which the statement is to be prepared;
(d)any additional information that is to accompany the statement.
(4)The Welsh Ministers may vary or revoke a direction they have given under this paragraph.
33(1)No later than 31 August after the end of each financial year Qualifications Wales must submit its statement of accounts to the Auditor General for Wales.E+W
(2)The Auditor General must—
(a)examine, certify and report on the statement of accounts, and
(b)no later than 4 months after the statement was submitted, lay before the National Assembly for Wales a copy of the certified statement and report.
34E+WIn paragraphs 32 and 33 “financial year” means—
(a)the period beginning on the day on which section 2(1) comes into force and ending on the following 31 March;
(b)subsequently, each successive period of 12 months.
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