Reporting financial information to the Board
Published on:2nd edition 2012
Boards can assess the financial management information reported to them against best practice using the guide.
Search results for 'Commercial and financial management'
Showing 301 - 320 of 653 results
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The rural broadband programme
Published on:The programme to make superfast broadband widely available in each area of the UK is currently expected to be delivered nearly two years later than planned.
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The Government Procurement Card
Published on:Used appropriately, GPC can be a cost-effective way for government to procure goods and services. However, there is no up to date value-for-money case quantifying the benefits of the cards. There has also been a lack of clear central guidance on when the cards are the most appropriate way to procure goods and services.
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Managing budgeting in government
Published on:The Government’s ability to show that its spending decisions represent the best value for money is being hindered by the patchy availability of good information.
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Equity investment in privately financed projects
Published on:Equity investors have helped to deliver many public sector infrastructure projects via the Private Finance Initiative and have managed them in ways from which the public sector can learn. Against a background of limited information, evidence gathered by the National Audit Office raises concern that the public sector is paying more than it should for equity investment.
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The London 2012 Olympic Games and Paralympic Games: post-Games review
Published on:The NAO has underlined the success of the 2012 Games and stressed the importance of building on that success to deliver legacy benefits.
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The BBC’s efficiency programme
Published on:A report on the BBC’s progress to date in delivering efficiency savings required by the BBC Trust following the 2007 licence fee settlement.
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The mortgage rescue scheme
Published on:The Mortgage Rescue Scheme, launched in January 2009 by the Department for Communities and Local Government, achieved fewer than half of the rescues expected. The Department helped 2,600 households avoid repossession and homelessness at a cost of in excess of £240 million – but it originally expected to help 6,000 households for £205 million.
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The franchising of Hinchingbrooke Health Care NHS Trust
Published on:The first private company awarded a franchise to run an NHS hospital has made improvements in some clinical areas, but big financial challenges remain.
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Decommissioning: How to decommission public services delivered by civil society organisations and maintain value for money
Published on:This guide provides practical advice on how to plan for and manage the decommissioning of public services delivered by civil society organisations (CSOs) and maintain value for money while doing so.
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HM Revenue & Customs: Customer service performance
Published on:Despite some welcome improvements, HMRC’s performance in answering calls from the public is poor value for money.
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Programmes to help families facing multiple challenges
Published on:Two government programmes aiming to help families with multiple challenges, such as unemployment and anti-social behaviour, are starting to provide benefits but considerable challenges remain.
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Short Guide: Reorganising arm’s length bodies
Published on:This paper highlights key issues for public bodies to consider in closing and merging arm’s length bodies.
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Carrier Strike: The 2012 reversion decision
Published on:The MOD acted promptly to revert to the decision to buy the vertical take-off version of the Joint Strike Fighter but will have to manage significant risks.
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The BBC’s approach to managing the cost of its support functions
Published on:The BBC has reduced its spending on support functions but in future it should plan for cuts by clearly defining the level of service it requires and what that should cost.
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PaceSetter: HMRC’s programme to improve business operations
Published on:PaceSetter has led to productivity improvements and may have contributed to greater staff engagement. However, the extent to which overall efficiency has improved is not clear; and some key principles of process improvement are not yet being applied strategically across the entire organisation.
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A short guide to structured cost reduction
Published on:This paper highlights key issues for public bodies to consider in facing the challenge of adopting a more structured approach to cost reduction.
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Lessons from cancelling the InterCity West Coast franchise competition
Published on:The competition to let this franchise lacked oversight. The full cost to the taxpayer is unknown, but likely to be significant.
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Procurement of the M25 private finance contract
Published on:The Highways Agency’s PFI contract to widen the M25 could have been better value for money. The slowness with which it was taken forward resulted in higher financing costs, and the Agency was slow to investigate a potentially cheaper alternative to widening.
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Financing PFI projects in the credit crisis and the Treasury’s response
Published on:By setting up an Infrastructure Financing Unit, Treasury helped reactivate the lending market for private finance projects. While the costs for projects in 2009 represented value for money, Treasury should not presume that continuing the use of private finance at current rates will be value for money.