Peterborough City Council has revealed plans to use £7m of capital receipts to help balance its in-year revenue budget and 2020/21 spending proposals – despite controversy surrounding similar moves in[…]
The fees council pay for their external audits are set to be frozen for the second year running despite increasing cost pressures on audit firms, according to the body responsible[…]
A back office shared services initiative run by three London councils is to create a “finance academy” to improve budget management and financial control. The move is being made as[…]
The National Audit Office has backed down on a proposal to allow the introduction of new reporting criteria for local authority audits during the lifetime of a new Code of[…]
Public spending watchdog the Accounts Commission has flagged up transparency failings in its latest annual report on the financial health of local authorities in Scotland. The body said an analysis[…]
A report to Hertfordshire’s most recent audit committee meeting said the “treasury control failure” had come to light in August, one day after the multi-million-pound redemption was not received. The[…]
As an eventful year for local authority treasurers draws to a close, Room 151 takes a look at the top 10 stories from the sector during 2019. 10. Spending watchdog[…]
Northamptonshire County Council’s new section 151 officer should draw up plans to repatriate powers from government commissioners amid ongoing problems with financial management, according to an independent review. In September,[…]
The government has ruled out setting up a new Audit Commission-style watchdog to oversee scrutiny of council finance – seemingly irrespective of the findings of the Redmond review. A formal[…]
The Local Government Association has protested to two Whitehall departments about the impact on councils of delays by auditors in preparing their accounts. LGA resources board chair Richard Watts told[…]
