Report by Lord Sharman
HOLDING TO ACCOUNT
The Review of Audit and Accountability for Central Government
Lord Sharman’s review
of audit and accountability for central government, “Holding to Account”,
was published today [13 February 2001] at 3.30pm. Lord Sharman’s independent review
examined suitable arrangements for the audit and accountability of central
government in the 21st century on behalf of Parliament and
the public. The areas covered by the review included issues raised
by the Committee of Public Accounts concerning the roles and powers
of the Comptroller and Auditor General, particularly in the light of
developments in the way public services are delivered; corporate governance;
the implications for attitudes to risk-taking; the costs and burden
of regulation; the audit of joined-up activities; and performance validation.
Review was overseen by a Steering Group chaired by the Chief Secretary.
The Chairman of the Public Accounts Committee and two other members
of the PAC (Alan Williams; David Rendel) were also members of the
Steering Group. Other members of the Steering Group included Lord
Sainsbury, senior officials, Peter Hennessy and senior representatives
of accounting organisations.
Government has today welcomed the review and is grateful to Lord Sharman
for his work. The Government will issue a formal response in due
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