NAO hits targets on savings, but misses submissions deadlines

The National Audit Office helped government to achieve £1.1bn of savings in 2014-14, according to its annual report published this week, but missed its own targets to complete 40% of its studies in six months and 85% within nine months – completing just 35% and 74% of reports in the respective time limits.


By Suzannah.Brecknell

16 Jun 2014

Most (88%) of the bodies which the NAO audits said that the watchdog provides “an appropriate level of constructive challenge”, and 67% said its work has improved their approach to financial management.

Half of audited bodies said that NAO value for money studies have led to improvements in services – an improvement on 2012-13. The annual report also includes examples showing the NAO’s impact, such as a 2010 report on major trauma care which helped to reduce the odds that a patient will die after suffering severe trauma by 20%. 

The NAO’s resource budget has been reduced by 17% since 2010-11, and it plans to cut spending by a further 5% in 2014-15 compared to the previous financial year.

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