‘Uncertainty’ over DfE accounts

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Published: Wednesday 21st January 2015 by The News Editor

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The National Audit Office (NAO) has issued a rare “adverse opinion” on the Department for Education’s accounts, signalling that it does not trust the accuracy of the figures.

There is a substantial level of “error and uncertainty” in the department’s financial statements, the public spending watchdog warned.

Since 2012/13, the DfE has brought together the accounts of all academy trusts with its own and that of its executive agencies.

As academies have a different reporting period this has made it difficult to make sense of the figures, it was suggested.

Published: Wednesday 21st January 2015 by The News Editor

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