Statutory guidance

NHS foundation trusts: audit code

This document describes how auditors of NHS foundation trusts should carry out their work and the additional standards they should meet.



Monitor’s audit code applies to the audits and auditors of NHS foundation trusts. Unless otherwise indicated, the code covers all audit work relating to financial years beginning on or after 1 April 2014.

This document updates the audit code last issued by Monitor in 2011. The updates are to correct outdated referencing in the document, improve the consistency in audit reporting between firms, and reflect the adoption of enhanced audit reporting to accompany amendments made in the NHS foundation trust annual reporting manual for 2014/15.

For audit work relating to the 2015/16 financial year onwards, NHS foundation trust auditors will follow an audit code issued by the National Audit Office on behalf of the Comptroller and Auditor General and this audit code issued by Monitor will no longer apply.