Post Office: Audit

Department for Business and Trade written question – answered at on 1 May 2024.

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Photo of Lord Sikka Lord Sikka Labour

To ask His Majesty's Government what discussions they have had with the Financial Reporting Council in relation to external audits of the Post Office.

Photo of Lord Offord of Garvel Lord Offord of Garvel Parliamentary Under Secretary of State (Department for Business and Trade)

The Post Office Horizon IT Inquiry continues to gather evidence about the Horizon scandal. The Government will consider any lessons learned in respect of audit and other matters once the Inquiry has reported.

We have regular discussions with the Financial Reporting Council (FRC) regarding its regulation of statutory audit, while recognising its role as an independent regulator. The FRC is monitoring developments in relation to the Post Office.

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