Merseyside Police Authority has been praised for its ‘true and fair’ financial statements
The Audit Commission has produced its Annual Governance Report for 2011/12 and found that our financial statements and the Authority’s arrangements for securing value for money are ‘unqualified’.
The unqualified audit opinion means that the accounts give a true and fair view of the financial position of the Authority and its spending and income during 2011/12.
The unqualified value for money conclusion states that the Authority had adequate arrangements to secure economy, efficiency and effectiveness in the use of resources. The audit also found that the Authority’s draft accounts were prepared before the statutory deadlines and were supported by good working papers.
This audit follows on from a HMIC inspection which took place in May this year that established that Merseyside Police Authority is adequately prepared for the change to a Police and Crime Commissioner in November 2012, while at the same time continuing to perform its role.
The HMIC report commended police authority members for their continuing commitment and professionalism, and recognised that the police authority remains fully committed to ensuring ‘business as usual’ during this time.
Paul Johnson, Merseyside Police Authority Chief Executive, said: ‘The HMIC’s report recognises the commitment of members of the authority to fulfil their role until November 2012 and to ensure that there are clear plans in place to hand over their responsibilities to the PCC.’
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