Financial audits: an overview
Our financial audit reports contain audit opinions on accounts across the public sector.
Our financial audit reports contain audit opinions on accounts across the public sector.
The Whole of Government Accounts consolidates accounts from over 10,000 public bodies, providing an overview of the UK’s public finances.
On 15 January 2018, Carillion declared insolvency and the Official Receiver, an employee of the Insolvency Service, started to liquidate its assets and contracts. This report focuses on the role of the UK government in preparing for and managing the liquidation of Carillion.
The National Audit Office and the Audit Commission have today called for public bodies to work together much more effectively than they currently do to maximise savings from procurement activities.
COVID-19 is affecting us all. The way we live, work and socialise has changed dramatically. The National Audit Office is no different, our staff are working from home and we will also have an important role to play in reporting on the government’s response to COVID-19. We’re resharing some of our knowledge on how organisations […]
Homelessness has increased across all measures since 2010, with many local authorities now seeing it as a risk to their financial sustainability.
Hetan Shah becomes the NAO’s latest non-executive Board member, following approval of his appointment by the Public Accounts Commission.
We all rely on local public services to be able to function in our day-to-day lives, and in these challenging times, we’re even more reliant on those services. Whether from local authorities, local NHS organisations police forces and fire and rescue organisations, to keep us safe and take care of us should we need it. […]
Government must develop a clearer approach to Senior Civil Service leadership capability to ensure the best people can deliver essential projects and services.
Young people are making complex choices about higher education without much effective help and advice, and the institutions concerned are under very little competitive pressure to provide best value.
Cloud services’ can bring cost and performance benefits. But they can also bring new challenges and risks. To help leaders oversee decision-making and implementation of cloud services, we recently published ‘Guidance for audit committees on cloud services’. The magazine, Public Sector Executive, invited us to outline the issues in the article The National Audit Office’s guide […]
The head of the NAO’s annual speech will focus on the challenges of rising demand for public services and stretched resources.
The Whole of Government Accounts (WGA) are an audited set of accounts showing in one place the financial position of the whole public sector. However, the NAO considers that the picture is incomplete.
This report examines if government is achieving its ambition for the public sector to be a leader in decarbonising its activities.
Energy bills support successfully protected many people and businesses during 2022 and 2023 from rising energy prices.
The number of NHS and local government bodies with weaknesses in their arrangements for delivering value for money is increasing.
This is our second report on the progress Defra has made in preparing for EU Exit.
This examines whether the Department for Business, Energy & Industrial Strategy has achieved the objectives of the UK Green Investment Bank intervention, and whether UK Government Investments has achieved value for money in the subsequent sale of the Bank.
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.
Key public bodies are insufficiently prepared for a major animal disease outbreak and would likely struggle to cope with one.