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Question by:
John Biggs
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Meeting date:
16 January 2002
I just wanted to make it clear, I wouldn't want to go to BBC levels of accountancy, or former BBC levels of accounting, because I am not sure that that is helpful to any organisation. Any large organisation, and indeed any organisation, needs adequate and proper and robust systems of financial control, and adequate and robust systems, which provide financial information so that managers can carry out their functions. Obviously you couldn't imagine an organisation, which although it had a budget of £2 billion, would do something that was so simple and repetitive that it only actually needed one semi-trained...