National Audit Office Annual report and Accounts 2013
Overview of the 2013 NAO Annual Report and Accounts
Published on: Mar 3, 2016
Transcripts - National Audit Office Annual report and Accounts 2013
The NAO in 2012-13National Audit OfficeAnnual Report and Accounts2012-13
The NAO in 2012-13WelcomeThe National Audit Office (NAO) scrutinisespublic spending for Parliament. Our public auditperspective helps Parliament hold governmentto account and improve public services.We published our Annual Report and Accounts2012-13 on 20 May 2013.To find out more about our achievements lastyear, read on…
The NAO in 2012-13• Our objectives• Focusing on strategic issues• Our achievements• Our impacts• Our feedback• NAO cost reduction• Find out moreContents
The NAO in 2012-13Our objectivesOur vision is to help the nation spend wisely.To achieve this, our objectives are:•to increase our influence on the key challenges facedby government and the way that policies areimplemented;•to develop and apply our knowledge by building ourexpertise and focusing on the strategic issues thatpublic bodies face; and•to deliver high performance by transforming the NAOand practising what we preach.
The NAO in 2012-13This diagram shows thedistribution of NationalAudit Office resourcesin 2012-13We cluster ouractivities by department,and focus our resourceson the important strategicissues faced acrosspublic services. Wedeliver a comprehensiveprogramme of work,providing insight andsupporting accountabilityfor the use of public funds.Focusing on important strategic issues
The NAO in 2012-13The NAO has achieved a lot in 2012-13We certified 437 accounts in 355 organisations, assuringmore than £1 trillion of public income and expenditure.We published 60 value for money reports on a range ofgovernment activity and 3 studies focused on local services,providing Parliament with insight on how public funds are used.Our work helped Parliament. The Public Accounts Committeeheld 57 hearings based on our work in 2012-13.
The NAO in 2012-13Our work has achieved impact acrossthe public sectorWe helped governmentsave almost £1.2 billionin 2012Our work also helpedgovernment identifyimprovements that theycould make to strengthenefficiency and effectiveness82 per centof PAC recommendations wereaccepted in 2012-1363 per centof the bodies we audit agree thatthe NAO’s work improves theirapproach to financial managementand controlIn 2012 we recommendedimprovements to customer serviceat HMRC. They now plan to answer80 per cent of calls within fiveminutes, introduce more onlineservices and replace expensive0845 helplines with 03 numbers.
The NAO in 2012-13Both Parliament and the bodies we auditvalue the contribution of NAO staffOur 867 staffare largely qualified or traineeaccountants. We also have a numberof specialists in other fields such asstatistics, economics, and ICTWe are a training organisationIn 2012-13 we recruited 67 newgraduate trainees and 3 school leaversIn 2012 our trainees once againachieved exam results above thenational average“The work carried out by the C&AGand the NAO has brought into sharprelief the poor management andfinancial information in the MoD.”James Arbuthnot, chair of Defence SelectCommittee“Their recommendations do lead toimprovements. I’ve found theirrecommendations a very usefulparadigm when dealing with similarissues.”Accounting Officer, major department“They bring a wider perspective andobjectivity in terms of the way weoperate. The NAO are a good vehiclethrough which best practice can beshared.”Audit Committee Chair, arm’s length body
The NAO in 2012-13Like the bodies we audit, the NAO ismaking savingsIn 2013-14, we will havereduced our net overallcosts by 15 per cent in cashterms (22 per cent in realterms) in the three yearssince 2010-11In addition to reducing ourcosts, we have exceededour target to focus morethan 80 per cent of ourresources on front-lineactivity
The NAO in 2012-13Find out more about the work of theNational Audit Office in 2012-13 in ourAnnual Report and Accounts,available at:www.nao.org.uk