Public expenditure in the UK is amounting to £520bn per year. The departments and authorities raising this money have a duty to spend it wisely, yet evidence reveals they often fail to do so.
In Public Sector Auditing, Comptroller and Auditor General of the UK, Sir John Bourn, reveals why departments and authorities fail to raise and spend money wisely, and what can be done to secure value for money in public expenditure through professional auditing. Sir John demonstrates how this can be achieved through the audit of financial statements but also and especially through the examination of the economy, efficiency and effectiveness with which public programmes are implemented.
