Whole of Government Accounts 2020-21

It is important that HM Treasury continues its efforts to secure progress in minimising the extent of audit qualifications. In this regard I recommend that HM Treasury: a) Engages with components to better understand why they are not providing data for the WGA, and uses this information to identify how it can improve performance in future periods.

Ref Page 265, 15 · Implemented Q1 2023-24

It is important that HM Treasury continues its efforts to secure progress in minimising the extent of audit qualifications. In this regard I recommend that HM Treasury: b) Designs and implements a process to assess the risk of material misstatement within draft accounts where they are used as the basis for submissions to HM Treasury.

Ref Page 265, 15 · Implemented Q4 2023-24

It is important that HM Treasury continues its efforts to secure progress in minimising the extent of audit qualifications. In this regard I recommend that HM Treasury: c) Ensures that it agrees with the Department for Education mechanisms to allow the accurate consolidation of Further Education Institutions in the future. HM Treasury and the Department for Education should identify the extent to which similar arrangements can be implemented to resolve the assurance gap arising from the non- coterminous year end for the Academies Sector Annual Report and Accounts.

Ref Page 265, 15 · Implemented Q2 2025-26