Notice of revision of financial statements for project grant from the occupational safety and health research fund
Under text annotation No. 115 of section 17 of the finance bill for 2008 shall be fixed:
§ 1. This notice applies to the grant recipients who receive grants from the European Research Fund.
§ 2. The audit must be performed by a chartered or certified accountant, of local government audit department or audit Directorate of Copenhagen municipality or other local authority auditor bodies.
(2). In the case of the auditor change should the incoming auditor contact the outgoing auditor has a duty to disclose the reasons for termination of employment.
§ 3. Revision shall be organised and carried out in accordance with good public audit practice, as that term is defined in section 3 of the law on the revision of the State's accounts, etc. (Legislative Decree No. 3 of 7 January 1997) and specified in paragraph (2) and sections 3-7.
(2). The review shall be verified on the project accounts are true and whether the transactions are subject to the reporting, are in accordance with appropriations, laws and other regulations announced, as well as agreements concluded and usual practice with. In addition, an assessment is made of whether or not they have been taken into account in the management of the guilty economic resources and in the implementation of the activities covered by the project company.
§ 4. The scope of the audit depends on the grant recipient's administrative structure and business processes, including the internal control and other matters of significance for financial reporting.
§ 5. The review should the auditor verify:
1) about project accounts are true, that is to say, without significant errors and deficiencies
2) about the grant conditions are met, including conditions in the authorization letter,
3) for the grant is used for the objectives set in the application,
4) the grant recipient has demonstrated a thrift, and
5) about the information, as the grant recipient has notified the Labour Inspectorate on the achievement of performance requirements, is documented
(2). The review shall be carried out at random show surveys
(3). The audit is performed by the calculated total accounts for the project.
§ 6. The grant recipient must provide the auditor with the information, which may be considered of importance for the assessment of project accounts as well as for the auditor's assessment of the management, including the objectives and results achieved. The grant recipient must provide the auditor with access to carry out investigations, this deems necessary, and shall ensure that the auditor will have the information and the assistance that the Auditor considers necessary for the performance of his duties.
§ 7. Becomes auditor aware of offences or breaches of regulations of major importance in connection with the funds management is the responsibility of the auditor immediately to give the beneficiary thereof, as well as ensure that the grant recipient provides the grant provider notice within 3 weeks. Otherwise, it is the auditor's duty to notify the grant provider. Auditor's comments are submitted together with the notice.
(2). The same applies if the Auditor during his audit or otherwise becomes aware that the implementation of the project is uncertain for economic or other reasons.
§ 8. The revised project accounts shall bear an Auditors ' report in accordance with the applicable assurance auditor Ordinance, and it must appear that the accounts have been revised in accordance with the rules set out in this notice. Reservations must be indicated in the endorsement.
(2). The auditor must provide an audit report with the auditor's assessment and conclusion on the performed audit, see. § 5. The report can be made in connection to the endorsement or in an audit Protocol.
(3). Copy of the audit report are submitted by the beneficiary to the Labour Inspectorate together with the endorsed project accounts.
§ 9. The notice shall enter into force on the 1. June 2008.
(2). At the same time repealed Executive Order No. 1610 by 12. December 2006 on the review of the financial statements for project grant from the occupational safety and health research.
The Labour Inspectorate, the 16. May 2008 Lis Gamborg/Kristina Seehuusen