PracticeAuditNAO audit committee chair to vet Sir John Bourn’s expenses

NAO audit committee chair to vet Sir John Bourn's expenses

NAO chief will have to pass any planned expenses by CIPFA chief executive Steve Freer for rubber stamping after Public Accounts Commission beefs up regulations  

Sir John Bourn is to have his travel arrangements signed off by the NAO’s
audit committee chairman Steve Freer as a result of his damaging expenses
issues. 

The NAO boss will now have any planned expenses scrutinised by Freer before
they are authorised, the Public Accounts Commission has announced. 

Freer will also have the power to veto any travel by the NAO chief’s wife
which is put on the public expense.

Yesterday, the Public Accounts Commission hammered out a new system
of checks
and balances
to which the NAO boss will be held, based on the framework for
government permanent secretaries.

The system includes air travel by business class and hotels selected on the
basis of the best of three competitive quotations, unless diplomatic service
accommodation or accommodation at a conference venue is used.

PAC chairman Alan Williams MP said: ‘I am extremely grateful that Mr Freer
has agreed to take on this role in relation to the Comptroller & Auditor
General’s expenses. His involvement will help to ensure that these arrangements
are both effective and transparent.’

Freer said: ‘The PAC has taken great care to devise arrangements which will
strengthen scrutiny of the Comptroller & Auditor General’s expenses and
benefits. I am happy to play a personal role in ensuring that these arrangements
are implemented successfully in the way the commission intends. Far from
detracting from the Comptroller & Auditor General’s independence I believe
that these more transparent arrangements will promote public confidence and
trust in the critically important work for which the Comptroller & Auditor
General is responsible.’

The commission added that it will be reviewing the NAO’s corporate governance
arrangements to ensure that these conform to best practice.

Further Reading:

NAO
admits errors in its own accounts

Related Articles

Is predictive analytics the end of the annual audit?

Audit Is predictive analytics the end of the annual audit?

4d Martin Herron, MHA MacIntyre Hudson
Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

Audit Auditors ‘in the dock’ over Carillion as report calls for Big Four break-up

1w Emma Smith, Managing Editor
PCAOB sanctions former Deloitte Turkey CEOs over altered documents

Audit PCAOB sanctions former Deloitte Turkey CEOs over altered documents

2w Alia Shoaib, Reporter
KPMG South Africa to review past audit work amid fresh scandal

Audit KPMG South Africa to review past audit work amid fresh scandal

1m Alia Shoaib, Reporter
FRC introduces £10m sanctions for Big Four firms

Audit FRC introduces £10m sanctions for Big Four firms

2m Alia Shoaib, Reporter
Ukraine’s PrivatBank files $3bn claim against PwC

Audit Ukraine’s PrivatBank files $3bn claim against PwC

2m Alia Shoaib, Reporter
Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

Audit Grant Thornton to exit FTSE 350 audit market, citing Big Four dominance

2m Alia Shoaib, Reporter
Big Four dominate FTSE 250 audit market in Q1 rankings

Audit Big Four dominate FTSE 250 audit market in Q1 rankings

3m Alia Shoaib, Reporter