Sector Needs Improvement On Value For Money Reporting

The Regulator of Social Housing (RSH) has slammed some recent Value for Money (VfM) reports from providers as “less than transparent” in either lacking targets or being defined “vague, generic” objectives. In a report on the reports, RSH says some providers have not met the requirements of the new Standard first time and need to improve. “It is essential that boards and executives ask themselves the right questions to ensure that their organisation’s assets and resources – including those subsidised by the taxpayer – are used efficiently and effectively,” said RSH Fiona MacGregor. Download the report from the RSH website.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/860187/Value_for_Money_metrics_report_Annex_to_Global_accounts_2019.pdf