Welfare accounts fail NAO test again

Welfare accounts fail NAO test again

The government accounts concerned with welfare benefits have been qualified by the comptroller and auditor general for the 14th year in a row because of fraud and errors totalling £3bn.

Link: Treasury stalls over checking powers for NAO

The extent of the losses in the report and accounts of the Department for Work and Pensions and the Department of Social Security were labelled ‘substantial’ by Sir John Bourn, who said he would continue to qualify the department’s accounts each year until the losses are brought down from 2.8% of gross expenditure to below 1%.

Public Accounts Committee chairman Edward Leigh labelled the losses, ‘intolerable’ and said that while some progress had been made tackling fraud and error, there was a need for the department to face up to the enormous challenge of making substantial inroads.

The NAO are publishing a further report on benefit fraud later this week.

The annual report of the DWP showed Income Support and Jobseeker’sAllowance were the worst performing, but losses ran at 6.8% compared to 9% in 1997/98, a reduction in excess of their 8.1% target.

DWP accounts for expenditure totalling £107bn per annum.

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