PracticeAuditNAO forced to qualify Commons accounts

NAO forced to qualify Commons accounts

MPs ignoring budgeting rules

The National Audit Office has been forced to qualify the accounts of the
House of Commons for the last financial year after members of parliament
overspent by nearly £1m on computers, stationery and paperclips.

In a note to the accounts, Sir John Bourn, the auditor-general, wrote:
‘Claims for reimbursement of costs by Members of Parliament were some £946,000
higher than projected.’

As a result he was forced for the first time to ‘qualify’ the Commons
accounts — refusing to sign them off and forcing Parliament to vote through the
additional costs.

On average, MPS overspent by £1,500 on running their office for the financial
year 2005-6 than expected.

The Commons Department of Finance and Administration has launched an
investigation into the matter, The Guardian reported.

Related Articles

PwC replaces EY as Domino's auditor

Audit PwC replaces EY as Domino's auditor

1d Alia Shoaib, Reporter
The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

Audit The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

1w Carl Johnson, Stephensons
BDO holds off Big Four to retain top position as AIM auditor

Audit BDO holds off Big Four to retain top position as AIM auditor

1w Alia Shoaib, Reporter
FRC urged to fine Big Four firms penalties over £10m

Audit FRC urged to fine Big Four firms penalties over £10m

3w Alia Shoaib, Reporter
EY to audit Standard Chartered bank

Audit EY to audit Standard Chartered bank

1m Alia Shoaib, Reporter
KPMG replaces PwC as Croda auditor

Accounting Firms KPMG replaces PwC as Croda auditor

2m Emma Smith, Managing Editor
EY fined £1.8m over Tech Data audit

Accounting Standards EY fined £1.8m over Tech Data audit

2m Emma Smith, Managing Editor
Top 50+50: Firms post significant growth in new tax and audit rankings

Audit Top 50+50: Firms post significant growth in new tax and audit rankings

2m Emma Smith, Managing Editor