Accountants kept on Kosovo standby

Accountants kept on Kosovo standby

Accountants at the Ministry of Defence were still on standby in Whitehall this week as defence secretary George Robertson made a request for an increase in the departmental budget to fund expanded commitments in the beleaguered province of Kosovo.

Despite claims that accountants would be sent into Kosovo once ground troops went in, the operation is still being tracked centrally by Whitehall, according to an MoD spokesman.

Robertson has been forced to ask the Treasury for a special top-up to his budget to meet the £500m bill for Britain’s involvement in the Balkans.

The move follows an earlier appeal by the MoD before the aerial bombardment commenced in March for access to the government’s contingency reserve, thought to total about £2bn.

Operations in the Balkans are also being monitored to determine how the government’s new resource accounting and budgeting system will operate when it goes live in 2001. Last month, a defence spokesman said if military commitments were expanded, the MoD had not ruled out sending accountants to track expenditure. The National Audit Office is also monitoring the situation.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

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

Turn Accounts Payable into a value-engine

3y

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
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource