The NAO Annual Report highlights that, during 2011-12, we met all our targets. The NAO saved public money through the delivery of £1.1 billion in financial impacts while continuing to deliver in our core areas of expertise, auditing 458 accounts and publishing 60 value for money reports during the year.

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This short video highlights some of our achievements and the impact of our work in the last twelve months.

"Over the past year, the NAO has continued to provide Parliament with high quality insight to help them hold government to account for the management of public funds.

"Our work has helped improve financial management and led to more efficient and effective public services, saving the taxpayer in excess of £1 billion in 2011."

Amyas Morse, head of the National Audit Office


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