9
Not Addressed
Within departments, ultimate responsibility for upholding standards and securing improvements lies with that department’s accounting...
Conclusion
Within departments, ultimate responsibility for upholding standards and securing improvements lies with that department’s accounting officer.24 Managing Public Money states that financial modelling and evaluation are an important part of the accounting officer’s role, and that they should comply with the Functional Standards.25 However, there continues to be important weaknesses in the coverage, quality and use of evaluations, and in the quality and application of models across government.26 The departmental director of analysis supports the accounting officer, and owns the application of the Analysis Functional standard in their department.27 Neither HM Treasury nor the Analysis Function currently monitor if accounting officers are discharging their responsibilities nor how well standards have been upheld.28
Government Response Summary
The response restates the conclusion.
Government Response
Not Addressed
Government Response
Not Addressed
HM Government
Not Addressed
Within departments, ultimate responsibility for upholding standards and securing improvements lies with that department’s accounting officer. Managing Public Money states that financial modelling and evaluation are an important part of the accounting officer’s role, and that they should comply with the Functional Standards. However, there continues to be important weaknesses in the coverage, quality and use of evaluations, and in the quality and application of models across government. The
Source
Committee
Public Accounts Committee
Report
Fourth Report - Use of evaluation and modelling in government
27 May 2022
HC 254
Addressee Bodies
HM Treasury
Timeline
Recommendation age
4.0 yrs
Report published
27 May 2022