Fact sheet: Financial Reporting changes for FReM compliant entities
Published on:This fact sheet highlights the key changes in the HM Treasury-published Financial Reporting Manual (FReM).
This fact sheet highlights the key changes in the HM Treasury-published Financial Reporting Manual (FReM).
Head of the National Audit Office Sir John Bourn today reported to Parliament on how well prepared the NHS is to respond to disasters. The NAO started this study before September 11 2001 and since then updated its work to take into account progress made by the NHS in this area during the subsequent period […]
Defendants on bail who do not turn up for their court hearings cause distress and inconvenience to victims and witnesses, delay justice and undermine public confidence in the criminal justice system. Tackling the problem of defendants who fail to attend court will require concerted action by the criminal justice agencies, according to the National Audit […]
The GREAT campaign enables government organisations to adopt consistent and effective brand management. To date, Cabinet Office has reported a return of £1.2 billion on its £113.5 million GREAT campaign investment. This is based on anticipated as well as actual expenditure by business, tourists and students.
This report aims to provide greater clarity on the financial settlement in advance of the ‘meaningful vote’.
This report forms part of the National Audi Office’s programme of work to examine how the government is overseeing and implementing the UK’s exit from the EU. It is our first report on the financial settlement, assessing HM Treasury’s estimate of the cost of the settlement.
We record government’s progress in ensuring health and social care supplies should the UK leave the EU without a deal.
This report examines the progress made by the Department for Business, Energy and Industrial Strategy, the Competition and Markets Authority, and National Trading Standards in building the UK’s legal framework and capacity and capability in consumer protection, competition and state aid.
Sir John Bourn, head of the National Audit Office, provided Parliament today with a ground breaking report explaining the National Audit Office’s approach to examining the value for money of deals under the Private Finance Initiative (PFI). Having already published eight reports on major privately financed projects Sir John said the time was now right […]
The Chancellor has requested that the C&AG undertake an examination with following scope: To consider whether key economic and fiscal assumptions underpinning the Office for Budget Responsibility’s forecasts were independently arrived at.
Sir John Bourn, head of the National Audit Office, said today that there were examples where the Regulatory Impact Assessment (RIA) process had helped departments to develop a better policy proposal. But there were also cases where its impact was limited because it had not been an integral part of the policy making process. Sir […]
In a report today, head of the National Audit Office Sir John Bourn concluded that Regulatory Impact Assessments (RIAs) can improve the regulatory process when undertaken thoroughly, although the RIAs themselves could be improved in some cases. Sir John’s conclusions were based on an evaluation of 10 RIAs undertaken by a number of Departments, six […]
Regulatory Impact Assessments (RIAs), used to assess the need for, and potential impact of, new regulations, have not always been used effectively, according to a report published today by the National Audit Office. The report finds that RIAs often failed to consider fully the cost and benefit of regulation, and did not take account of […]
Regulatory Impact Assessments (RIAs) are often not used in the right way, according to a report published today by the National Audit Office. The report finds that the purpose of RIAs is not always understood, there is a lack of clarity in the presentation of the analysis and persistent weaknesses in the assessments. As a […]