A national award recognising excellence in UK public finance has been won by Chris Page and Lee Woodcock, of the Department for Work and Pensions’ Integrated Resource Planning Team. The Sir Harry Page Merit Award is presented annually, by the Chartered Institute of Public Finance and Accountancy, for an outstanding technical innovation.
This year’s winners were selected by the judges as their work represented an advanced approach to managing uncertainty in financial forecasting. The judges thought that the use of the “Monte Carlo” simulation technique had been a very useful one, and offered a valuable way of dealing with uncertainty.
CIPFA’s President, Jaki Salisbury, said:
“Chris Page and Lee Woodcock’s work within the Integrated Resource Planning Team of the Department for Work and Pensions is an impressive example of how public servants are striving to improve the performance of their departments. Their work on managing risk and uncertainty rightly deserves this year’s Sir Harry Page Merit Award.
“I am glad that this recognises the hard work being undertaken by members of the public finance profession in central government, as they strive to turn the politicians and the public’s understandable demands for healthier public finances into a reality.”
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CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services. This includes the development of local professional qualifications in African countries like Lesotho and Nigeria and in Europe in post conflict states in the Balkans.