Sector(s): National Audit Office
National Audit Office report: NAO Annual Report and Accounts 2014-15
NAO Annual Report and Accounts 2014-15
The Annual Report highlights that, during 2014-15, we certified 442 accounts, published 65 major reports and supported 60 hearings of the Committee of Public Accounts. We have helped create £5.5 billion in savings across the public sector over the past five years, including £1.15 billion in 2014. Since 2010-11, we have reduced our net resource spend by 23%, after allowing for inflation.
"Every penny spent by the public sector is the product of citizens' work. Public money is not a free good we can treat in a way we would not treat our own money. This, and the desire to improve the quality of public services, is what drives me as Comptroller and Auditor General. Over the last Parliament, there has been unprecedented pressure to reduce public spending and deliver more with less. The National Audit Office has played a vital role supporting Parliament to hold government to account for the value for money of public spending and the services it provides."
Amyas Morse, head of the National Audit Office
ISBN: 9781904219880 [Buy a copy]
HC: 190, 2015-16
Published date: June 16, 2015