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Technical

  • 0
    • in Blogs · Technical
    • — 25 Feb, 2021

    Helen Randall: Spelthorne report places spotlight on ‘controls’

    Fresh criticism of Spelthorne Council raises the question of what “good” controls look like when negotiating a property deal. Spelthorne Council’s continuing debacle over property investments resulted this month in[…]

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    0
    • in Blogs · Stephen Sheen · Technical
    • — 27 Jan, 2021

    Stephen Sheen: Audit predictions 2021

    Coping with low morale, IFRS 16, standardised statements and an audit process he describes as a “mess” are the promised highlights of the coming year. It seems premature to look[…]

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  • 0
    • in Blogs · Dan Bates · Funding · Technical
    • — 18 Nov, 2020

    Capital health indicators key to Croydon’s crisis

    Croydon is the latest local authority to issue a section 114 notice.  Experts Dan Bates and Christian Wall look at the trends underlying the council’s woes. Christian Wall Croydon’s section[…]

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    0
    • in Blogs · Technical
    • — 17 Nov, 2020

    Local accounts compiled ‘as if they are destined for the filing cabinet’

    Alison Ring FCA, director for public sector at ICAEW, believes that the Redmond Review provides an opportunity to fix the real issue with local authority accounts, which is that few[…]

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  • 0
    • in Blogs · Stephen Sheen · Technical
    • — 6 Nov, 2020

    Stephen Sheen: FRC report fails to confront ‘mess’ in local government audit

    The Financial Reporting Council has delivered its verdict on council audits but, writes Stephen Sheen, it falls short of recognising the “unique nature of local authority accounts”. Although the Financial[…]

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    0
    • in Stephen Sheen · Technical
    • — 15 Sep, 2020

    Stephen Sheen: The Redmond Review fails to address key issues

    The Redmond Review has made a series of recommendations for improving local government audit. Stephen Sheen argues it leaves many questions unaswered. The report of the Redmond Review into the[…]

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  • 0
    • in Blogs · Stephen Sheen · Technical
    • — 18 Aug, 2020

    Stephen Sheen: Audits worsen as watchdog demands improvement

    The regulator’s efforts to upgrade audit is “piling up wreckage” in local government, according to Stephen Sheen.

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    0
    • in Blogs · Funding · Technical
    • — 23 Jun, 2020

    Section 114: Covid-19 has driven some councils to the brink but new guidance may help

    While speculation is rife that the pandemic has pushed some local authorities close to issuing section 114 notices, new guidance from CIPFA aims to encourage more contact with central government.[…]

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  • 0
    • in Blogs · Resources · Technical
    • — 23 Jun, 2020

    Ending PFI contracts: Top tips for managing the process

    A recent report underlined the importance of closing a PFI contract effectively. Helen Randall navigates the intricacies and pitfalls. Does your authority have a Private Finance Initiative (PFI) deal which[…]

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    0
    • in Blogs · Stephen Sheen · Technical
    • — 15 Apr, 2020

    Stephen Sheen: Accounts simplification isn’t happening. What next?

    An effort to reduce the accounts preparation burden on local authorities in the midst of coping with the Covid-19 crisis was recently abandoned. Stephen Sheen looks at the implications. This[…]

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