{"id":2401,"date":"2012-01-12T16:51:56","date_gmt":"2012-01-12T16:51:56","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?post_type=glossary&#038;p=2401"},"modified":"2024-07-30T15:05:23","modified_gmt":"2024-07-30T14:05:23","slug":"bsc-audit-report","status":"publish","type":"glossary","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/bsc-audit-report\/","title":{"rendered":"BSC Audit Report"},"content":{"rendered":"<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Unless otherwise established by the Panel, the results of the BSC Audit to be carried out by the BSC Auditor will be reported twice a year, with the delivery of an interim report in October, and the delivery of an opinion in April (each a &#x201C;BSC Audit Report&#x201D;); has the meaning given to that term in Section H5.4.1;<\/p>\n<p>The BSC Auditor shall be appointed in order to undertake, subject to paragraph 5.1.6, an operational audit in relation to each BSC Year (the &#x201C;Audit Year&#x201D;), or such other period of time as the Panel may determine, on behalf of Parties (the &#x201C;BSC Audit&#x201D;) and such other ad hoc operational audits as the Panel may direct from time to time.<\/p>\n<h2 id=\"bsc-documentation\">BSC documentation<\/h2>\n<ul>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-section-h-general#section-h-5-5.1\">BSC Section H: General &#x2013; BSC Audit<\/a><\/li>\n<\/ul>\n<h2 id=\"further-information\">Further information<\/h2>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/bsc-audit-performance-assurance-framework\/\">About the BSC Audit<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/bsc-audit-performance-assurance-framework\/bsc-audit-reports\/\">BSC audit reports<\/a><\/li>\n<\/ul>\n<h2 id=\"related-terms\">Related terms<\/h2>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/bsc-auditor\/\">BSC Auditor<\/a><\/li>\n<\/ul>\n\n","protected":false},"template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false},"tags":[],"class_list":["post-2401","glossary","type-glossary","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":2401,"title":"BSC Audit Report","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/bsc-audit-report\/","categories":[],"tags":[],"content":"\n\n\n<div class=\"panel-content\">\n\t<p>There are three types of BSC Audit reports: Annual BSC Audit Report; Funding Shares Audit Reports; and Market Issue Documents. Audit work is set between November to the end of March each year and the BSC Audit Report is published in June each year.<\/p>\n\n\t<h2 id=\"bsc-defined-definition\">BSC defined definition<\/h2>\n<p>Unless otherwise established by the Panel, the results of the BSC Audit to be carried out by the BSC Auditor will be reported twice a year, with the delivery of an interim report in October, and the delivery of an opinion in April (each a &#x201C;BSC Audit Report&#x201D;); has the meaning given to that term in Section H5.4.1;<\/p>\n<p>The BSC Auditor shall be appointed in order to undertake, subject to paragraph 5.1.6, an operational audit in relation to each BSC Year (the &#x201C;Audit Year&#x201D;), or such other period of time as the Panel may determine, on behalf of Parties (the &#x201C;BSC Audit&#x201D;) and such other ad hoc operational audits as the Panel may direct from time to time.<\/p>\n<h2 id=\"bsc-documentation\">BSC documentation<\/h2>\n<ul>\n<li><a href=\"https:\/\/bscdocs.elexon.co.uk\/bsc\/bsc-section-h-general#section-h-5-5.1\">BSC Section H: General &#x2013; BSC Audit<\/a><\/li>\n<\/ul>\n<h2 id=\"further-information\">Further information<\/h2>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/bsc-audit-performance-assurance-framework\/\">About the BSC Audit<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/bsc-audit-performance-assurance-framework\/bsc-audit-reports\/\">BSC audit reports<\/a><\/li>\n<\/ul>\n<h2 id=\"related-terms\">Related terms<\/h2>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/glossary\/bsc-auditor\/\">BSC Auditor<\/a><\/li>\n<\/ul>\n\n<\/div>","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2401","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/glossary"}],"version-history":[{"count":3,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2401\/revisions"}],"predecessor-version":[{"id":209857,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/glossary\/2401\/revisions\/209857"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=2401"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=2401"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}