Sch 4 para 11A
(1) An NHS trust must keep proper accounts and proper records in relation to the accounts. (2) The Secretary of State may give an NHS trust directions as to the form in which its accounts must be kept. (3) An NHS trust must prepare, in respect of each financial year, annual accounts in such form as the Secretary of State may direct. (4) For the audit of the annual accounts, see the Local Audit and Accountability Act 2014 (and, in particular, section 4 of that Act). (5) 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. (6) An NHS trust must send a copy of its audited annual accounts to NHS England by such date as NHS England may direct. (7) Nothing in sub-paragraph (1) has effect in relation to accounts relating to a charitable trust of which an NHS trust is a trustee. (8) Nothing in sub-paragraph (3) requires any accounts prepared by an NHS trust to include matters relating to a charitable trust of which it is a trustee.