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ICAEW evidence to a parliamentary inquiry says local authority financial statements and audit are vital to delivering value for money, but that weaknesses hamper effective governance.
The Business Department is not expecting to recoup billions of taxpayers’ money lost to fraud and error in pandemic support.
The government should use lessons learned from the COVID-19 business grant schemes to improve contingency planning and build resilience for responding to future national emergencies, spending watchdog concludes.
Jonathan Djanogly MP quotes ICAEW evidence as he asks whether the business department needs to change its approach to recovering fraud losses from COVID-19 support schemes.
Agency responsible for Test and Trace criticised by NAO for “lack of adequate governance, oversight and control” exposing it to a “high level of risk”.