Question to the Department for Business, Energy and Industrial Strategy:
To ask Her Majesty's Government, further to the Guardian article ‘Standards board “looks like a cabal”’, published on 7 February, whether the National Audit Office has given any opinion on the funding model for the UK Endorsement Board.
The UK Endorsement Board is an unincorporated association and is not subject to audit by the National Audit Office. The Board is subject to Financial Reporting Council (FRC) oversight in respect of its governance and due process. In setting its budget, the UKEB consults with the FRC and follows the FRC’s budgeting processes. The FRC is subject to audits from the National Audit Office.
The FRC’s Chief Executive and Accounting Officer is the UK Endorsement Board’s Accounting Officer.