Source · Select Committees · Public Accounts Committee

77th Report - Accountability in small government bodies

Public Accounts Committee HC 887 Published 24 April 2026

Report Status

Response overdue

Conclusions & Recommendations

22 items (4 recs)

Source

View on Parliament website ↗

Government Response

AI assessment · 5 of 22 classified

Accepted 2

Acknowledged 1

Deferred 1

Not Addressed 1

Recommendations & Conclusions

1 item

2 Recommendation Deferred

A tailored financial reporting regime for small, low-risk bodies would allow for more meaningful reports...

Recommendation

A tailored financial reporting regime for small, low-risk bodies would allow for more meaningful reports and free up time for frontline delivery. Financial reporting requirements are disproportionately 2 onerous for smaller, low-risk bodies. The costs of producing and auditing lengthy, … Read more

Government Response Summary

The government acknowledged the recommendation, stating it is undertaking work to improve and streamline financial reporting for small bodies, and committed to providing a further update to the Committee on the progress of this review.

HM Treasury

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