Auditor General consults on new audit approach
The Auditor General is consulting with public bodies in Wales on changes to his audit approach.
It comes in response to recent and future legislation, such as the Wellbeing of Future Generations (Wales) Act 2015 [Opens in new window], which has placed new statutory duties on him.
Other challenges and changes facing public services which also need to be taken into account in developing a new approach to auditing the public sector in Wales include:
- ongoing reductions in public expenditure
- changing demographics in Wales
- possible local government reform
- faster closure of local government accounts
- a more ‘outcomes-focused’ approach to auditing grants
- fiscal devolution in Wales, and
- wider technological changes.
Huw Vaughan Thomas is consulting public bodies on proposals for a set of principles and criteria which will be used to reshape his approach to audit.
He’s also asking for views on whether to explore the potential for developing integrated reporting within the public service in Wales.
Auditor General for Wales, Huw Vaughan Thomas said:
"External scrutiny is absolutely vital, because it provides an independent perspective on whether public services are spending wisely, being well managed, safe and are fit for purpose.
But, it also has to be relevant, meaningful and proportionate in changing times. That is what this consultation is all about."