Estimating Fraud and Error in Annual Reports and Accounts

With fraud estimated to have cost UK taxpayers between £55 billion and £81 billion in 2023-24, the National Audit Office (NAO) has published a best practice guide to help public bodies calculate how much fraud and error they face and where it is.

Estimating and reporting fraud and error in annual reports and accounts is written for people who manage the risk of fraud and error or the production of annual reports and accounts across central government and other public bodies.

The guide brings together good practice on estimating and reporting fraud and includes suggestions for overcoming the main barriers.

The guide brings together good practice on estimating and reporting fraud and includes suggestions for overcoming the main barriers.

Visit the NAO website.

Visit the NAO website.