Source · Select Committees · Public Accounts Committee
Recommendation 38
38
Account publication delayed by merging predecessor data, complex balances, and Post Office provisions.
Conclusion
The Department told us that the delay in publishing its 2023–24 accounts was due to three key reasons. These were: the requirement to merge the financial information of its predecessor departments; the challenging learning curve required to account for more complex balances aligned with insufficient resources; and the complexity inherent in the accounting for the Post Office compensation provisions.61