Defence Equipment and Support 2014-15 financial statements
Published on:The Comptroller and Auditor General has qualified his opinion on the financial statements of Defence Equipment & Support.
The Comptroller and Auditor General has qualified his opinion on the financial statements of Defence Equipment & Support.
The MoD’s new regulations for overseeing non-competitive procurement has the potential to save significant sums of money, if implemented properly.
Amyas Morse, the Comptroller and Auditor General (C&AG), has qualified his audit opinion on the MOD’s accounts for the sixth year running.
The MoD has developed a strategy that identifies the estate it needs and the 25% of its estate it can dispose of by 2040. However, the strategy and current funding levels allow only for a partial reversal of the decline in the condition of the remaining estate. There is a significant risk that the poor condition of the estate will affect the Department’s ability to provide the defence capability needed.
The Ministry of Defence (the Department) has committed itself to annual rental bills of nearly £200 million and lost out on billions of pounds of asset value as a result of selling and leasing back the majority of its married quarters estate to Annington Property Limited in 1996 because of the subsequent steep increase in house prices and rents.
The affordability of the Ministry of Defence’s Equipment Plan.
The Ministry of Defence’s strategy for improving its financial management has put its finances on a sounder footing and is delivering results, but there are still considerable challenges ahead, including delivering the savings already removed from budget allocations.
The NAO is publishing a suite of short guides, one for each government department, to assist House of Commons Select Committees.
This Departmental Overview is one of 17 we are producing covering our work on each major government department. It summarises our work on the Ministry of Defence during 2013-14.
The Ministry of Defence has made significant improvements in its management of and accounting for assets held on its inventory systems. However, the Department recognizes that it still faces significant challenges.
The Department has made good progress since we last reported on Carrier Strike, however it still has a lot to do to meet its targets at the end of 2020.
This memorandum has been prepared to support the Committee of Public Accounts’ consideration of the Ministry of Defence’s (MoD’s) provision of accommodation to its service personnel.
The risks to the affordability of the Ministry of Defence Equipment Plan are greater than at any point since reporting began in 2012.
MOD’s procurement budget is now more stable, despite a £754m increase in the cost of the carriers, but there are still risks to the affordability of the equipment plan.
Review of a sample of the data systems underpinning the input and impact indicators in the Ministry of Defence’s Business Plan, Common Areas of Spend and wider management information.
This review was carried out on the 2012-15 Business Plan. Revised Business Plans were issued in June 2013.
This Departmental Overview is one of 17 we are producing covering our work on each major government department. It summarises our work on the Ministry of Defence during 2012-13.
This Departmental Overview is one of 15 we have produced covering our work on each major government department. It summarises our work on the Ministry of Defence during 2011-2012.
Amyas Morse, the Comptroller and Auditor General (C&AG), has qualified his audit opinion on the MOD’s 2012-13 accounts.
Amyas Morse, the Comptroller and Auditor General, has qualified his audit opinion on the 2012-13 Royal Air Force (RAF) Museum accounts in relation to the part of the Museum staff’s pay award for which it did not have ministerial approval.
MOD has made good progress stabilising the equipment programme but needs to set out how a bespoke trading entity will transform Defence Equipment and Support (DE&S) into the leading defence acquisition organisation by 2017.