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Wednesday 20 February 2008

Understatement of the year

"I have to wonder if financial management is being taken as seriously as it should be," said Edward Leigh, the chairman of the Commons public accounts committee, which oversees the work of the NAO.

This was with regard to the revelations that accordong to the National Audit Office:

1) Fewer than half of all departments - 40 per cent - "invariably" provided ministers and senior officials with a full analysis of the financial implications of their policy proposals

2) that not one permanent secretary - the senior civil servants in charge of Whitehall departments - had a professional finance qualification

3) Six government bodies did not have even a professionally qualified finance director on their main board, despite a Treasury department requirement to do



And you wonder why we are in the mess we are?

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