Department for Business, Energy and Industrial Strategy: Information

(asked on 7th July 2021) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what mechanisms are in place to audit information provided to his Department by (a) regulatory bodies and (b) non-departmental public bodies.

Answered by
Paul Scully Portrait
Paul Scully
Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)
This question was answered on 16th July 2021

The relationship between an Arm’s-Length Body (ALB) and the Department should be established through a Framework Document. Managing Public Money sets out that:

“3.8.2 The framework document (or equivalent) agreed between an ALB and its sponsor always provides for the sponsor department to exercise meaningful oversight of the ALB’s strategy and performance, pay arrangements and/or major financial transactions, e.g. by monthly returns, standard delegations and exception reporting. The sponsor department’s accounts consolidate those of its ALBs so its accounting officer must be satisfied that the consolidated accounts are accurate and not misleading.”

A non-departmental public body is required to submit to their sponsoring department, on an annual basis, an annual report and audited accounts prepared in accordance with the relevant statutes and guidelines. The annual report and accounts provide the sponsoring department with the financial and non-financial performance of the non-departmental public body. In addition, they will state if the non-departmental public body has met key performance indicators as set out in their business and corporate plans. The report and accounts are laid in Parliament and, where commercially possible, made available on the non-departmental public body’s website.

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