Presenting the report, comptroller and auditor general Sir John Bourn said the NAO had met its challenge of producing ten more major reports for parliament than last year.
It produced 60 reports this year in response to parliament’s wish to increase scrutiny in line with increased public spending. The NAO saved the taxpayer £482m over the last year, according to the report.
Sir John said: ‘We have continued to provide accountability and stimulate beneficial change across government, focusing on wherever public services are delivered. Against the backdrop of an increasing appetite for our work, we have responded well to new challenges, and we will continue to work hard to make our contribution to improved public services and financial management.’
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned