Sir John Bourn retains Welsh post

Sir John Bourn retains Welsh post

Auditor General for Wales Sir John Bourn has been re-appointed for a second three-year term of office.

The post was created by the Government of Wales Act 1998. The incumbent is responsible for auditing the accounts of the Welsh National Assembly and other Assembly funded public sector bodies excluding local authorities.

In a recent report, Sir John was critical of the Assembly finance group’s failure to complete monthly bank reconciliations. By not doing so, the Assembly had risked fraudulent payments being made and not brought to account.

The finance group also failed to deliver the accounts until the middle of October, six and a half months after the Assembly’s financial year-end. The delay was blamed on the shortage of qualified staff and difficulties in transferring functions from the Welsh office to the assembly.

He did, however, point out the difficulties faced by the Assembly’s finance group in preparing the body’s first accounts.

Welsh first minister, Rhodri Morgan, said: ‘Sir John’s wisdom, experience and advice have been a major influence in enabling the Assembly to achieve the very high standards of financial management and value for money in the use of public funds to which it has aspired; and to which the people of Wales have a right to expect.’

Sir John Bourn also holds the post of Comptroller and Auditor General to the United Kingdom Parliament.

Links

Welsh Assembly is ‘exposed to fraud’

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