Paper: 10/9/06 Title of Report Audit Commission review of the NHS financial management and accounting regime Executive Summary The report provides an update on the national review by the Audit Commission on the NHS Financial Management and Accounting Regime and the position in relation to the North West Actions requested The Board is asked to note the report SHA Objectives supported by this paper: To ensure sound governance and strong financial management in NHS organisations SHA Strategic aims supported by this paper: The Authority has a responsibility to develop NHS organisations to be able to deliver strong governance and financial management Race Equality Assessment: Not applicable Risks Attached to this project/initiative: As the Department of Health respond to the recommendations the risks will be assessed for the North West Public and/or patient involvement: Not applicable Resource implications: Not known at this stage Communication: Public Board reports provide regular updates on the financial situation in the North West Name Mark Ogden Job Title Director of Financial and Economic Management Month and Year September 2006 Email Mark.ogden@northwest.nhs.uk AGENDA ITEM 10 NORTH WEST STRATEGIC HEALTH AUTHORITY Audit Commission review of the NHS financial management & accounting regime Introduction 1. In July 2006 the Audit Commission produced a report for the Secretary of State for ...