Source · Select Committees · Public Accounts Committee
Recommendation 13
13
When this Committee last reported on ALBs in 2016 we noted that the Cabinet Office...
Conclusion
When this Committee last reported on ALBs in 2016 we noted that the Cabinet Office should use its position at the centre of government to ensure that the management of ALBs was improved.27 One of the ways the Cabinet Office can do this is through the management of cross-cutting risk, given its responsibility for reporting principal risks to the Civil Service Board.28
Government Response
Acknowledged
HM Government
Acknowledged
4: PAC conclusion: The Cabinet Office and HM Treasury do not have a common view of risks across arm’s-length bodies. 4: PAC recommendation: In its Treasury Minute response the Cabinet Office should set out how: • it will gain assurance that departments have developed a consolidated view of the risks presented by their ALBs; and • it will use departmental assessments of ALB risks to inform discussions on cross-cutting risk with the Government Finance Function. 4.1 The government agrees with the Committee’s recommendation. Target implementation date: Summer 2022 4.2 The Cabinet Office will work with the Government Finance Function to: • promoting good practice and effective relationships and transparency between departments and their ALBs to support a mutual understanding of risk with proportionate monitoring and aligned reporting; • creating common frameworks that allow assessment of organisational risk management maturity, to be published Summer 2022; • using departments’ assessment of risks and their management across their ALBs to inform the public bodies programme of focussed and coordinated reviews to examine the effectiveness of the management of areas of significant risk; and • enhancing capabilities and drive professionalism to build risk management awareness and knowledge across leaders at all levels of government organisations.