Source · Select Committees · Public Accounts Committee
Recommendation 21
21
Treasury recognises the need for proportionate financial reporting and improved fee transparency.
Conclusion
The NAO report highlighted the importance of proportionate financial reporting requirements, particularly for smaller bodies.43 We asked how the Treasury will make sure its disclosure requirements are proportionate. The Treasury told us that it is mindful of the administrative burden, and it intends to do more to help departments improve transparency and ensure the public and Parliament have a clear understanding of how fees are set and what they cover.44 Incentivising efficiencies
Government Response
A response document is linked to this report, dated 1 April 2026. Response attribution to this conclusion has not been verified. Read the response document ↗