Background to the report
This report, for the first time, brings together thematic insights from our recent financial audits and wider assurance work. It explains key accounting terms in the context of government finances, and highlights opportunities to strengthen financial management and reporting in government which can help improve productivity and resilience in public service delivery.
Jump to downloadsThis report supports our strategic ambitions for:
- more productive and resilient public services, and
- better financial management and reporting in government
Scope of the report
This report:
- provides background and context to the National Audit Office’s annual cycle of financial audits, how we work with audited bodies, and how we report the results to Parliament
- outlines the importance of good annual reports, focussing on two areas where there are opportunities to improve financial management and reporting in government
- sets out insights from our financial audits in three areas that present particular challenges to financial management and the production of timely, high-quality accounts
Downloads
- Audit Insights: lessons and findings from the National Audit Office's financial audits 2024-25 (.pdf — 1,010 KB)
Publication details
- ISBN: 978-1-78604-654-3 [Buy a hard copy of this report]
- HC: 1533, 2024-26
Press release
View press release (26 Jan 2026)
