Sch 1B para 22 Accounts and audits
(1) An integrated care board must keep proper accounts and proper records in relation to the accounts. (2) An integrated care board must prepare annual accounts in respect of each financial year. (3) NHS England may, with the approval of the Secretary of State, direct an integrated care board to prepare accounts in respect of such period or periods as may be specified in the direction. (4) NHS England may, with the approval of the Secretary of State, give directions to an integrated care board as to— (a) the methods and principles according to which any accounts under this paragraph must be prepared, and (b) the form and content of any accounts prepared under this paragraph. (5) For the audit of the annual accounts, see the Local Audit and Accountability Act 2014 (and, in particular, section 4 of that Act). (6) Accounts prepared under sub-paragraph (3) are also to be audited under that Act if NHS England so directs. (7) The Comptroller and Auditor General may examine— (a) the annual accounts and any records relating to them, and (b) any report on them by the auditor or auditors. (8) An integrated care board must send any audited accounts prepared under this paragraph to NHS England by the date specified in a direction by NHS England. (9) NHS England may direct an integrated care board to send it any unaudited accounts prepared under this paragraph by the date specified in a direction by NHS England.