Framework document between the Scottish Government and the Scottish Commission on Social Security

39. As the budget is held and accounted for by SG there is no need for SCoSS to prepare separate accounts and there will be no separate external audit undertaken by Audit Scotland.

40. Internal audit is a governance requirement. This will be carried out by the SG Directorate of Internal Audit and Assurance.

41. The Board will agree with the Portfolio AO and with the SG Directorate for Internal Audit and Assurance whether it is appropriate to set up an audit committee. Any audit committee established will follow the guidance set out in the Audit Committees section of the SPFM.

42. The Secretary, in conjunction with Sponsor Team and SG Finance, will:

• a) Ensure that internal audit arrangements comply with the requirements of the Internal Audit section of the SPFM.
• b) Ensure SG sponsors receive timely copies of all audit documents, including the audit charter, strategy, periodic audit plans and annual audit assurance report;
• c) Keep records of, and prepare and forward promptly to the SG an annual report on, any fraud or theft in SCoSS and notify the Portfolio AO or Sponsor Team at the earliest opportunity of any unusual or major incidents.