In providing grant funding for the Cywain Centre, a rural heritage tourist attraction in North Wales, the Welsh Government and other public sector funders did not adequately challenge flawed assumptions about the income the Centre would generate and a lack of clarity over what the Centre was meant to offer. Funders also failed to take appropriate steps to reduce the risks of the Centre failing. These are the main findings of an Auditor General’s report published today.

Public services in Wales benefit from consistency in the country’s audit arrangements, says Huw Vaughan Thomas, Auditor General for Wales in a new report from ACCA (the Association of Chartered Certified Accountants) called Breaking out: public audit’s new role in a post-crash world [PDF 445KB opens in new window].