PracticePeople In PracticeGaming Board told to get more accountants

Gaming Board told to get more accountants

The Gaming Board needs more people with accountancy and IT skills, according to a report from the National Audit Office which reveals the body failed to collect up to £1.3m in costs from the gambling industry.

The report lists a number of recommendations including an improvement in the Board’s risk assessment procedures.

The shortfall in fees results from the five years from 1994/95 to 1998/99 and are intended to cover the costs of the Board.

Costs generated by the Board are supposed to be recovered in their entirety through fees levied on the industry.

The board traditionally recruits inspectors from among fromer polcie officers but the NAO says it needs people with wider skills, incuding accountancy.

Sir John Bourne, head of the NAO, said: ‘The Gaming Board has taken steps in recent years to improve the way it regulates the gaming industry but could achieve still more with a lighter regulatory touch.

‘Better risk assessment, together with more us of the regulatory work already being done by the major operators, would enable the board to reduce its routine inspections.’

Related Articles

Is inefficiency stealing your time and money?

Accounting Firms Is inefficiency stealing your time and money?

6m Emma Smith, Managing Editor
CIMA elects new president

Institutes CIMA elects new president

6m Emma Smith, Managing Editor
Transparent currency trade: How to achieve costs visibility

Governance Transparent currency trade: How to achieve costs visibility

6m Emma Smith, Managing Editor
Introduction to KPMG UK’s new leadership team

Accounting Firms Introduction to KPMG UK’s new leadership team

6m Emma Smith, Managing Editor
EY appoints head of UK Infrastructure Asset Intelligence practice

Accounting Firms EY appoints head of UK Infrastructure Asset Intelligence practice

8m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
MHA MacIntyre Hudson advises on management buy-out

Accounting Firms MHA MacIntyre Hudson advises on management buy-out

10m Emma Smith, Managing Editor