The Act establishes the National Audit Office and enhances the framework for the public audit process in the UK, providing statutory basis for its functions and ensuring greater accountability and transparency in public spending. Key developments include the appointment of the Comptroller and Auditor General, who is granted authority to inspect and audit government departments and agencies. This legislation was driven by the need to bolster financial scrutiny and promote efficient management of public resources. It mandates comprehensive reporting to Parliament, thereby fortifying transparency and accountability in the public sector.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
TAKE A FREE TRIALThe Act establishes the National Audit Office and enhances the framework for the public audit process in the UK, providing statutory basis for its functions and ensuring greater accountability and transparency in public spending. Key developments include the appointment of the Comptroller and Auditor General, who is granted authority to inspect and audit government departments and agencies. This legislation was driven by the need to bolster financial scrutiny and promote efficient management of public resources. It mandates comprehensive reporting to Parliament, thereby fortifying transparency and accountability in the public sector.
LexisNexis traffic light system shows the status of legislation and cases so you are always using up-to-date law while historical versioning and legislative timelines lets you see exactly what has changed in legislation over time.
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