Responding to calls by the Commons Public Accounts Committee that financial management in the NHS needs to be tightened up, Tom Jones, director of consultants MJM Healthcare Solutions, said: ‘It’s better to support than sack them.
‘The more important and much more constructive model is to make sure mechanisms are in place to support chief executives.’
Jones said there was more room in the health service to make efficiencies but said it would require massive investment in information systems.
Returning to the threat facing senior health service managers he said: ‘To have this sword of Damocles hanging over them is not a very good idea.
‘What you have to ask is is this motivating?’
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
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