Committee slams BBC’s transparency

Committee slams BBC's transparency

Auditor General should have expanded powers to audit broadcaster according to committee

The BBC should be subject to tougher audits in line with other government
departments, according to a parliamentary committee which criticised the
broadcaster for its poor transparency.

The Pubic Accounts Committee today issued a scathing report which criticised
the BBC’s track record of committing public money without a full analysis of
costs, its reluctance to apply value for money considerations to editorial
decisions and the broadcater’s “mixed record” of seeking and applying lessons
that could improve value for money.

“The BBC’s editorial independence…does not absolve it from responsibility
to deliver value for money” the report stated.

“With that freedom goes the responsibility to make sure there is strong
financial control.”

The report recommends the comptroller and auditor general receive expanded
powers to delve into the BBC’s accounts similar to their existing powers to look
into government departments.

At present the BBC Trust has the final say on what subjects the comptroller
and auditor general examine.

Read the full report:
Scrutiny
of value for money at the BBC

Further reading:
BBC
slammed for blocking NAO request

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article