NAO gives backing for landmark' audit plan

摘要

Publication of an audit consolidating all public sector finances for the first time has been welcomed as a landmark' event which could bolster government attempts to prevent the UK becoming enmeshed in a sovereign debt crisis. Released when the chancellor, George Osborne, delivered his Autumn Statement last week, the Whole of Government Accounts (WGA) for 2009/10 constitute the most comprehensive audit of UK government expenditure and revenue, assets and liabilities. Amyas Morse, head of the National Audit Office (NAO), hailed the publication as a 'landmark event, which has substantially furthered the cause of transparency and accountability in public spending'.