Magazine article Public Finance

NAO Shake-Up Begins with Adverts for Two Top Posts

Magazine article Public Finance

NAO Shake-Up Begins with Adverts for Two Top Posts

Article excerpt

The overhaul of governance at the National Audit Office has begun, with advertisements issued this week for the comptroller and auditor general and the new post of non-executive chair.

The shake-up follows recommendations made by the Public Accounts Commission in July, based on a review of the watchdog by former Financial Services Authority chief executive John Tiner. The review was ordered in the wake of controversy over the expenses claimed by Sirjohn Bourn, then auditor general.

The commission noted that the C&AG had complete discretion in the discharge of his functions'.

Its recommendations aimed to preserve the NAO chief's independence in making audit judgements, while strengthening the organisations corporate governance by introducing a board with a majority of non-executive directors.

As a first stage, a chair will be appointed on a salary of £50,000-although legislation to establish the post on a statutory basis is yet to go before Parliament.

According to recruitment information for the post: 'The chair will focus on nominating four further non-executives for a shadow board, setting the direction and style of the NAO, concentrating on governance, and, with the board, agreeing the nonstatutory functions that the NAO is to carry out. …

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