Public Accounts Commission Press Notice

Press Notice 13 - 8 November 2007

Review of the corporate governance of the National Audit Office

The Commission is pleased to be able to announce that John Tiner has agreed to conduct on its behalf the review of the NAO's corporate governance.‚ He has agreed to report to the Commission in the latter half of January.

John Tiner was Chief Executive of the Financial Services Authority from 2003 to 2007, having previously been a Managing Director. Before joining the FSA in 2001 he had been a partner in Arthur Andersen and head of its Worldwide Financial Services practice.

He has asked that his fee for the work be paid to Prostate UK.

Submissions to the review can be sent to Andrew Gravener, Committee Office Scrutiny Unit, House of Commons, 7 Millbank, London SW1P 3JA; [email protected]

Notes for editors:

The Commission's decision to conduct the review was announced on 11 July in its Thirteenth Report (HC 915).‚ The terms of reference for the review, agreed on 10 October, are as follows:

"To identify the extent to which the NAO's corporate governance arrangements are consistent with best practice elsewhere (including the arrangements set out in the Combined Code on Corporate Governance and the Treasury's Corporate Governance in Central Government Departments: Code of Practice) and to propose any necessary improvements, taking account of the need to protect the Comptroller & Auditor General's statutory discretion in carrying out his duties.

The review should focus on the role of the C & AG and his relationship with the NAO, and should cover the role of the NAO's Senior Management Board, whether a separate advisory board would be beneficial, the number of non-executives and the method of their appointment, the method of appointment and reporting arrangements of the Audit Committee, the method of appointment of senior NAO officials, arrangements for determining remuneration, and internal controls, together with any other matters the reviewer or the Commission consider appropriate."

The Commission is appointed under the National Audit Act 1983 to oversee, and, if satisfied, lay before the House of Commons, the annual Estimates for the National Audit Office.‚ It also examines once a year the NAO's Corporate Plan, which covers a three year period.

The Commission's members are:-‚ Rt Hon Alan Williams (Chairman) (Labour, Swansea West), Mr Richard Bacon (Conservative, South Norfolk), Rt Hon Harriet Harman QC (Labour, Camberwell and Peckham), Mr Edward Leigh (Conservative, Gainsborough), Dr William McCrea (DUP, South Antrim),‚ Mr John McFall (Labour, West Dunbartonshire), Mr Austin Mitchell (Labour, Great Grimsby), Dr Nick Palmer (Labour, Broxtowe) and Mr Andrew Tyrie (Conservative, Chichester).

Contact for the Commission: The Secretary of the Commission, Mr Dorian Gerhold,‚ may be contacted on 020 7219 6257.