PracticeAuditNAO questions use of Tsunami relief money

NAO questions use of Tsunami relief money

No proper account kept of how aid money has been spent

It remains unclear what portion of the £64m given by the UK government to the
Asian tsunami appeal could still be sitting in the bank accounts of UN agencies
and charities, the National Audit Office has said.

The NAO commended the speed of the government’s response but questioned what
had happened to all the money.

In its report on the provision of aid relief, the NAO said it would now try
to find out what happened to the unspent cash and would seek refunds ‘where
appropriate’.

Sir John Bourn, the head of the NAO, said the government should have done
more to ensure proper account was made of the cash.

The government said organisations were now being asked to ‘fully account’ for
their spending and return unused cash.

Related Articles

PwC replaces EY as Domino's auditor

Audit PwC replaces EY as Domino's auditor

6d Alia Shoaib, Reporter
The ‘uncomfortable truth’ behind FRC’s Big Four fines recommendations

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

2w 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

2w Alia Shoaib, Reporter
FRC urged to fine Big Four firms penalties over £10m

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

4w 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