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Houses of Parliament at dusk

Exiting the EU: The financial settlement

This report forms part of the National Audi Office’s programme of work to examine how the government is overseeing and implementing the UK’s exit from the EU. It is our first report on the financial settlement, assessing HM Treasury’s estimate of the cost of the settlement.

20 Apr 2018
Twenty pound notes

Fact Sheet: Whole of Government Accounts

This Fact Sheet highlights areas of good practice in preparing Whole of Government Accounts returns, including what should be provided to external auditors. It may also be used by audit committees as part of their governance arrangements over financial reporting.

24 Jul 2012

Financial management in the European Union

“I am pleased to see the Court was able to issue a positive Statement of Assurance on a larger percentage of EU spending than it had done at any time in the previous decade and that it reported that the Commission had made progress in a number of key areas of financial management, such as the development of its internal control framework.

“Last year, I said that the United Kingdom’s Presidency of the European Union in the latter half of 2005 presented the United Kingdom authorities with an opportunity to push for improvements in financial management. I am pleased to see therefore that the United Kingdom Presidency made a substantial contribution to initiatives in this area. The challenge is to keep up the momentum during the Austrian and Finnish Presidencies in 2006.”

29 Mar 2006