Post Office to investigate accounting software over discrepancies

by Calum Fuller

More from this author

03 Jan 2013

  • Comments
Post Office

THE POST OFFICE is to look again at the possibility that its accounting software could have caused discrepancies in the accounts for some of its branches.

The inconsistencies have caused several sub-postmasters to be accused of false accounting, and in some cases, they have faced prison as a result. Others have had to make up the shortfalls following prosecutions.

The Post Office had maintained the issues could not have been caused by its Horizon accounting software, which was introduced by the organisation nationwide in 2000.

Allegations Horizon was causing accounting errors first emerged in October 2009 when 30 sub-postmasters came forward with complaints about the system. They were informed that collectively they owed £430,000 to the Post Office.

Since 2009, campaign group Justice for Sub-postmasters Alliance (JFSA) has pressurised the Post Office to consider the possibility of IT failings associated with the use the accounting software.

The Post Office has now called in data analytics 2nd Sight Software to look into the issues around Horizon.

The Post Office said in a statement: "While we have absolute confidence and no evidence to suggest anything other than complete integrity of our branch accounting processes, we are committed to thoroughly reviewing these small number of individual cases where sub-postmasters have ongoing concerns.

"We are working very closely with the JFSA and others to help bring this matter to a close and are welcoming feedback from sub-postmasters and branch teams with evidence that may help us to do so."




Visitor comments

blog comments powered by Disqus

Add your comment

We won't publish your address

By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

  • Send


Financial Planner

The Ministry of Defence Surgeon General’s (SG) Finance Department, Lichfield, Staffordshire, Permanent, Full Time, £ £30,008




Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials


Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you



Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.


iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.