It takes the average reader 1 hour and 52 minutes to read Report on Account Ni by Northern Ireland. Northern Ireland Assembly. Public Accounts Committee
Assuming a reading speed of 250 words per minute. Learn more
This report examines the performance of Account NI, which processes more than one million transactions a year worth over £10 billion for 12 government departments and 18 other public bodies. There are a further 45 public bodies who could use Account NI services but have chosen not to do so. The services provided to Account NI customers include: checking and paying supplier invoices; making grant payments; reconciling bank accounts; and maintaining accounting records. The Committee found that it costs Account NI £9.73 to make a payment to a supplier. In the Committee's view, this cost is extraordinarily high. The NI Audit Office has estimated that if Account NI reduced its costs to comparable international performers, it could save £3.4 million a year. The Committee is particularly critical of the lack of clear evidence that Account NI has delivered value for money, given that it has had £213 million investment since the project started in 2000. It was not clear if Account NI had made the projected savings of £43 million of public funds which were featured in its business case. The Committee was encouraged that on average, Account NI pays government suppliers in just seven days, well within the Executive's target of ten days. But Account NI has much more to do to ensure it represents the best and most cost effective option for potential new customers and that it maximises the benefits from the public's considerable financial investment in the project.
Report on Account Ni by Northern Ireland. Northern Ireland Assembly. Public Accounts Committee is 109 pages long, and a total of 28,231 words.
This makes it 37% the length of the average book. It also has 35% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 2 hours and 34 minutes to read Report on Account Ni aloud.
Report on Account Ni is suitable for students ages 10 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
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