Source · Select Committees · Public Accounts Committee
Recommendation 45
45
Acknowledged
Department's 2023-24 control framework received 'limited' assurance due to significant weaknesses.
Conclusion
This control framework is subject to annual review by the Government Internal Audit Agency (GIAA). GIAA provides four levels of assurance opinion following its reviews: substantial, moderate, limited or unsatisfactory.80 The conclusion for the Department in 2023–24 was ‘limited’, indicating there were significant weaknesses in the framework of governance, risk management and control such that it could be, or could become inadequate and ineffective. This was based upon 35 individual reviews of the Department’s governance, risk management, financial processes and other controls.81
Government Response Summary
The government acknowledges the committee's conclusion regarding the 'limited' GIAA assurance on its control framework. It reports that Annual Report and Accounts production is progressing well and is on target for a September publication.
Government Response
Acknowledged
HM Government
Acknowledged
5.1 The government agrees with the Committee’s recommendation. Target implementation date: September 2025 5.2 The department will inform the Committee should it become likely that the September deadline will be missed. The Annual Report and Accounts production and audit are currently progressing well and are on target for a September publication.