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The regulator has reported revealing improvements in local government audit but key issues remain unresolved, writes Stephen Sheen. At the end of October, the Financial Reporting Council (FRC) released its[…]
Local authority audit is changing but, Stephen Sheen argues, 100% private sector provision is unlikely to be “viable” while the underlying problem is difficulty recruiting for “soul destroying” work. At[…]
Conrad Hall examines the case for councils to undertake their own audit procurement instead of sticking with Public Sector Audit Appointments. To PSAA or not to PSAA: That is, if[…]
Rebecca Keene writes that local government audit has become distracted by valuations and cash flow projections. As we reach the end of July and what would be, pre-pandemic, the deadline[…]
Members on the public accounts committee say the audit market is at risk of collapse while the system is close to “breaking point”. Audit of councils has long been a[…]
Andrew Hardingham examines calls for a new early warning system for section 114s notices and finds there are already many mechanisms in place, if only they were used properly and[…]
Reforms means local government will soon see a new audit regulator but, writes Alison Ring, investing in local government finance teams and better reporting are priorities too. The government’s decision[…]
Deadline slips as auditors and finance grapple with remote working and valuations. Being a section 151 officer in a local authority is absolutely the best job there could possibly be.[…]
Sponsored article: Laura Bridges celebrates finance teams for everything from their work on the post-Covid recovery to delivering affordable homes and innovating in the face of austerity. We are thrilled[…]
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[…]
