The Treasury told us that it is trying to prevent poor data leading to optimism bias by improving the raw financial data that government captures. It gave the new Online System for Central Reporting and Accounting (OSCAR 2) as an example of how government is capturing new and important datasets. The Treasury described how it is working with the government functions to collect benchmarking data, which can be used to sense check information. The Treasury noted how it would like to see more impr...
The Treasury told us that it is trying to prevent poor data leading to optimism bias by improving the raw financial data that government captures. It gave the new Online System for Central Reporting and Accounting (OSCAR 2) as an example of how government is capturing new and important datasets. The Treasury described how it is working with the government functions to collect benchmarking data, which can be used to sense check information. The Treasury noted how it would like to see more improvements to benchmarking data and more analytical insight driven by the functions to help make improvements in government.29 When we asked the Treasury w Type: conclusion | Number: 12 | Response status: not_addressed Government response: 3. PAC conclusion: Previous efficiency programmes have over-promised and under- delivered. 3: PAC recommendation: HM Treasury need to ensure plans are subject to adequate challenge, testing the realism of departments’ expected savings, and considering the use of