Announcement On The Revision Of The Project Accounts For Reimbursement In Accordance With The Ordinance On State Grants For The Pilot Scheme For Electric Vehicles

Original Language Title: Bekendtgørelse om revision af projektregnskaber for tilskud i henhold til bekendtgørelse om statstilskud til forsøgsordning for elbiler

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Overview (table of contents)



Annex 1



Standard endorsement without reservations on a final accounts of a beneficiary who has received DKK 100,000 or more in grants awarded in accordance with the Ordinance on State grants for the pilot scheme for electric vehicles.


The full text of the Ordinance on the revision of the project accounts for reimbursement in accordance with the Ordinance on State grants for the pilot scheme for electric vehicles

Under text annotation nr. 104 (3) of section 29.24.08 in the finance bill shall be determined under the authority: section 1. This notice applies to the grant recipients ' reporting of project accounts for projects for which the Energy Agency subsidizes after executive order on Government subsidies to the trial scheme for electric vehicles.

(2). Project accounts for projects, which granted less than 100,000 KR. in supplements are not subject to the provisions of sections 2-8. Revision of project accounts for such projects going on, by the Danish Energy Agency make document review under the terms of the commitment of the Danish Energy Agency grants.

(3). By project accounting in this order means that the accounts for the overall project, as the grant recipient must submit at the end of the project in accordance with the terms of the commitment of the Danish Energy Agency grants.

§ 2. Project accounts for the projects, which include financial support at 100,000 USD or more, must be audited by a chartered or certified accountant.

(2). By auditor change in the project period should the incoming auditor contact the outgoing auditor has a duty to disclose the reasons for termination of employment.

§ 3. The review must be carried out in accordance with good public audit practice, as that term is defined in section 3 of the Act on the audit of State accounts, etc. and as specified in paragraph 3 (2) and § § 4-8.

(2). The review shall be verified whether the project accounts are true, and whether the transactions are subject to the reporting, are in accordance with the announced commitments, appropriations, laws and other regulations, as well as agreements concluded and usual practice. In addition, an assessment is made of whether they have been taken into account in the management of the economic owed funds covered by the project company.

§ 4. The review should the auditor verify 1) about project accounts are true, IE. without significant errors and deficiencies, 2) about the grant conditions are met, including the provisions of the Ordinance on State grants for the pilot scheme for electric vehicles and in the undertaking and the conditions attached thereto, 3) for the grant is used for this purpose, 4) the grant recipient has demonstrated a thrift, 5) on the information provided by the beneficiary has informed the Danish Energy Agency on the implementation of the project, including in the form of quarterly and annual reports as required by the undertaking , is documented, and 6) on which the accounts are included in the project expenditure incurred before undertaking receives the undertaking accepted in writing.

(2). The review shall be carried out at random show studies.

§ 5. 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. In addition, the amount of importance for the scope of the audit.

§ 6. The grant recipient must provide the auditor with the information, which may be considered of importance for the assessment of project accounts and for the auditor's assessment of the management of funds, including results achieved. The grant recipient must provide the auditor with access to carry out the studies that consider 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. If the auditor becomes aware of offences or breaches of regulations essential for funds management, or if the Auditor during his audit or otherwise becomes aware that the implementation of the project is uncertain for economic or other reasons, is the responsibility of the auditor immediately to give the beneficiary thereof, as well as to ensure that the grant recipient's leadership within 3 weeks gives the DEA in writing. Auditor's comments are submitted together with the grant recipient's message to the Danish Energy Agency. If the grant recipient's leadership not within 3 weeks gives the DEA the prescribed message is the auditor's duty to give the DEA this message.

§ 8. The revised project accounts shall bear an Auditors ' report, which must indicate that the accounts have been revised in accordance with this Ordinance and in application of the Danish Energy Agency standard endorsement, without prejudice. Annex 1. 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. sections 3 and 4. 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 Danish Energy Agency, together with the endorsed project accounts.

§ 9. The notice shall enter into force on 14 July. March 2011 and apply to the project accounts for projects for which the DEA has announced commitments for grants after the 1. January 2009, see. However, paragraph 2.

(2). Sections 3-8 the Executive order does not apply to the project accounts for projects which are undertaken in 2009, and which is made between 100,000 and 500,000 DKK in grants. Such project shall be audited in accordance with the standard terms, related to the announced commitments for grants, and in application of the Danish Energy Agency standard endorsement, without prejudice. Annex 1.

(3). Executive Order No. 55 of 24. January 2011 on the revision of the project accounts for reimbursement in accordance with the Ordinance on State grants for the pilot scheme for electric cars is repealed.

The Danish Energy Authority, the 1. March 2011 Ib L/Henrik Andersen



Annex 1 Standard endorsement without reservations on a final accounts of a beneficiary who has received DKK 100,000 or more in grants awarded in accordance with the Ordinance on State grants for the pilot scheme for electric vehicles.

The independent auditor's endorsement to the project Endorsement at the final accounts We have audited final accounts for (insert)

grant recipient:

in the project:

with ONE'S journal nr.:

with total expenses kr.:

for the period:

Management's responsibility for the final accounts

Management has the responsibility to prepare and submit a final accounts which give a true image in relation to the project. It is management's responsibility that the transactions covered by the final financial statements are in accordance with the announced commitments, appropriations, laws and other regulations as well as with the agreements concluded and usual practice, including: bekendtgørelse nr. 1142 by 28. November 2008 on State aid to the pilot scheme for electric vehicles





 



undertaking and the conditions attached thereto





 



Finance Act § 29.24.08 Pilot scheme for electric vehicles (tekstanm. 104)





 









Auditor's responsibility and the performed audit

Our responsibility is to express a conclusion on the final financial statements based on our audit. We have performed our audit in accordance with Danish auditing standards and good public auditing practice. These standards require that we live up to the ethical requirements and plan and perform the audit in order to achieve a high degree of assurance that the final financial statements do not contain significant misinformation.

An audit includes actions to achieve audit evidence of the amounts and information stated in the final accounts. The selected actions depend on the auditor's assessment, including assessment of the risks of material misstatement in the final accounts, regardless of whether the misstatement whether due to fraud or error. In the risk assessment considering auditor internal controls relevant to the preparation and presentation of the final accounts of the institution that gives a true and fair view, in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing a conclusion about the effectiveness of the institution's internal control. An audit involves end-forward position on whether the accounting policies applied by the management is appropriate, whether the accounting estimates made by the management exercised is reasonable as well as an assessment of the overall presentation of the final accounts. The audit includes an assessment of whether the transactions are covered by the financial statements are in accordance with appropriations, laws and other regulations announced as well as agreements concluded and usual practice with, including: bekendtgørelse nr. 1142 by 28. November 2008 on State aid to the pilot scheme for electric vehicles





 



undertaking and the conditions attached thereto





 



Finance Act § 29.24.08 Pilot scheme for electric vehicles (tekstanm. 104)





 

 









It is our view that the audit evidence obtained is sufficient and suitable as the basis for our conclusion.

The audit has not given rise to any reservations.


Conclusion

It is our opinion that the final financial statements give a true and fair view of the NN-grant beneficiary's expenses, if applicable. income as well as possibly. assets and liabilities in connection with participation in the above mentioned project. It is also our opinion that the transactions covered by the financial statements are in accordance with appropriations, laws and other regulations announced as well as agreements concluded and usual practice with, including: bekendtgørelse nr. 1142 by 28. November 2008 on State aid to the pilot scheme for electric vehicles





 



undertaking and the conditions attached thereto





 



financial law "§ 29.24.08 Pilot scheme for electric vehicles (tekstanm. 104)





 

 









Declaration of the management audit carried out in connection with the financial audit of the grant recipient's final accounts for-NN above project, we have made an assessment of the extent to which selected areas are taken into account in the management of economic subsidy owed, and whether the information in the final report on the results of the project are documented and accurate for the completed project.

Management's responsibility

NN-grant recipient's management is responsible for establishing guidelines and procedures to ensure that account is taken into account in the management of the grant financial culprits, and that the information in the final report to the Danish Energy Agency has documented and accurate for the completed project.

Auditor's responsibility and the performance audit

In accordance with good public auditing practice, we have for the above project examined whether NN-beneficiary has established business processes, ensuring an economically appropriate management. We also sample shown reviewed NN-grant recipient's final report for the above project. Our work is carried out with a view to obtaining limited assurance to management on the selected areas are carried out in an economically sensible manner, and that the information in the final report on the results of the project are documented and accurate for the completed project.

Conclusion

By the revision are we not become aware of the factors that gives us reason to conclude that the management in relation to the above-mentioned project in the areas we have examined is not taken care of in an economically rational way.

Auditor's name and signature, place and date of Auditor endorsement/Declaration – as well as the audit firm's name and address and phone number.