PAC slams unqualified HMRC
The Public Accounts Committee (PAC) have denounced Her Majesty’s Revenue and Customs (HMRC) for its lack of accounting knowledge and low numbers of qualified staff. One of its recent reports reveals that the HMRC’s interim CFO, isn’t even a qualified accountant. He is however, a qualified actuary.
Moore’s actuary status means he is one of three financial directors of government departments who aren’t financial directors.