PSAA has published the 2015/16 report on the results of auditors work on NHS bodies.
Overall, the quality of financial reporting for 2015/16 remained broadly consistent with the previous year, both for NHS trusts and clinical commissioning groups (CCGs), whilst there was an improvement in timeliness.
Auditors continued to report concerns about the financial resilience of NHS trusts. Similarly to 2014/15, over half of NHS trusts received a qualified conclusion on their value for money arrangements and almost a third were referred to the Secretary of State. There was also an increase in the number of CCGs that received a qualified regularity opinion and that were referred to the Secretary of State.