As a wee epilogue to yesterday's announcement about the appointment of Jon Thompson (currently the Permanent Secretary of the Ministry of Defence) as CEO of HMRC and Accounting Officer, I draw your attention to the following extract from the REPORT OF THE COMPTROLLER AND AUDITOR GENERAL ON THE 2014-15 ACCOUNTS OF THE MINISTRY OF DEFENCE:
"I have qualified my opinion for a sixth year because the Department is likely to have omitted a material value of leased assets and associated liabilities from its Statement of Financial Position.Just saying...
I cannot quantify the impact of these omissions on the accounts with certainty because, as a result of its accounting policies, the Department has not maintained the records, or obtained the information required to do so...
Sir Amyas C E Morse
Comptroller and Auditor General
13 July 2015"
Hat tip to Kevin Reed for pointing this out to me.
Thompson: Very well respected departmental finance chief, though unable to prevent MOD's accounts being qualified :) https://t.co/yL1qwxojcC— Kevin Reed (@Goonerreed) February 24, 2016
Tax does have to be taxing.
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