Departmental reporting of efficiency savings in annual accounts remains inconsistent and unaudited
We also asked whether departments were expected to include their efficiency savings as part of their Annual Report and Accounts. The Treasury told us that while some chose to, they were not required to as standard, but that this was something it was currently looking at. For example, it explained …
Government response. The government agrees with the Committee's observation but states that fully bedding in GEF efficiency reporting will take time. HMT will consult on how best to deliver the recommendation once reporting is standardised, committing to update the Committee by April …
HM Treasury