Search results for 'Corporate finance'

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  1. Guide to corporate finance in the public sector

    Insight Good practice guides

    Published on:

    This guide addresses the complex topic of corporate finance in the public sector and includes key questions to ask when scrutinising corporate finance activities.

  4. Private Finance Recommendations Database

    Report

    Published on:

    Reports produced by the House of Commons’ Committee of Public Accounts (the PAC) following hearings based on our PFI and PPP investigations include nearly 1000 recommendations.

    We have collected these recommendations and the related Treasury responses into a PFI and PPP/Privatisation Recommendations database last updated: 19/06/2009.

  5. Improving Corporate Functions Using Shared Services

    Report Value for money

    Published on:

    Shared service centres in the NHS and HM Prison Service are on course to deliver substantial financial savings. But a report out today by the National Audit Office found that central government was initially slow to adopt shared services. While the momentum has picked up it is not clear that the shared services initiative is […]

  6. The Private Finance Initiative: The Contract for the Defence Fixed Telecommunications System

    Report Value for money

    Published on:

    The Ministry of Defence achieved a good price when they awarded the contract for a new Defence Fixed Telecommunication System to BT in 1997, Sir John Bourn, head of the National Audit Office, told Parliament today. The ten year contract let under the Private Finance Initiative (PFI) is expected to cost £612 million with a […]

  7. Commercial Insights team

    Our Commercial Insights team are experts on the government’s commercial work, regulation and contract management.

  9. Confirmed impacts: Achieving value for money for the sale of government shares

    Report

    Published on:

    This impacts case study shows how our review of the government’s sale of shares in Royal Mail led to the appointment of an expert panel that made recommendations about the whole system of Initial Public Offerings.

    It is one example of financial or non-financial benefits realised in 2014 as a result of our involvement, all of which are set out in our interactive PDF.

  10. Department of Trade and Industry: The Acquisition of German Parcel

    Report Value for money

    Published on:

    The Department of Trade & Industry (the DTI)’s approach to the Post Office’s purchase of German Parcel for £289 million was reasonable under the circumstances, Sir John Bourn, head of the National Audit Office, reported to Parliament today. The Post Office wanted to buy German Parcel and the DTI had the responsibility for overseeing the […]

  12. HM Treasury Accounts 2024-25

    Report Financial audit

    Published on:

    The C&AG has issued a clean audit opinion, providing assurance to Parliament on HM Treasury’s 2024-25 financial statements.

  14. Progress with the merger of the FCO and DFID

    Report Value for money

    Published on:

    The Foreign, Commonwealth & Development Office has made substantial progress with the merger that created it, although some issues remain.

  18. Government Shared Services

    Report Value for money

    Published on:

    The Government has made progress delivering its latest strategy to share back-office services across Whitehall departments in the past year, but remaining barriers will need to be addressed for it to deliver its plans by 2028 and achieve value for money, according to the National Audit Office.

  19. Our history

    The National Audit Office has existed in its present form since 1983. A public audit function for central government within the UK has a much longer history.

  20. Governance and transparency

    The NAO’s governance arrangements ensure that we operate effectively and transparently with due oversight while maintaining our independence.