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  "documentTitle": "Scottish Fiscal Commission Audit",
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      "text": "We will obtain written representations from the Accountable Officer on matters material to the Annual Report and Accounts when other sufficient appropriate audit evidence cannot reasonably be expected to exist. A copy of the draft representations letter has been circulated separately.",
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      "text": "We will obtain written representations from the Accountable Officer on matters material to the Annual Report and Accounts when other sufficient appropriate audit evidence cannot reasonably be expected to exist.",
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      "text": "Liaison with internal audit: The audit team, has completed an assessment of the independence and competence of the internal audit department and reviewed their work and findings. In response to the significant risks identified as part of our audit, no reliance was placed on the work of internal audit and we performed all work ourselves.",
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      "text": "Qualitative aspects of your accounting practices: SFC's Annual Report and Accounts have been prepared in accordance with the Government Financial Reporting Manual (the “FReM”). Following our audit work, we are satisfied that the accounting policies are appropriate.",
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      "text": "Significant matters discussed with management: We had difficulty obtaining some audit evidence that was from the Scottish Government’s shared services.",
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      "text": "Regulatory change: IFRS 16, Leases, came into effect on 1 April 2022, therefore 2022/23 is the first year of implementation. This required adjustments to recognise on balance sheet arrangements previously treated as operating leases. SFC have one lease falling under the scope of IFRS 16. We have tested the completeness and accuracy of the lease identified on transition with no issues noted. Recommendations were raised to bring the associated disclosures in line with reporting requirements which were accepted by management and are reflected in the final version of the Annual Report and Accounts. We found no issues in our testing of IFRS 16 Leases.",
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