Skip to Main Content

Government’s 16 commitments and £49m funding designed to ‘fix the broken audit system’

(Shutterstock)

The government has set out 16 commitments to fix the “fragmented and broken” local audit system – with up to £49m in funding to support local authorities in clearing the backlog.

Please subscribe or upgrade your membership. To continue reading this article please sign in below or subscribe to our site.

Subscribe

The commitments (listed below) include simplifying financial reporting requirements and increasing capacity to avoid reliance on a small number of auditors. The announced funding

The local audit crisis is undermining the government’s ability to effectively monitor financial pressures within local authorities – and could be concealing issues leading to section 114 notices.

(Sir Geoffrey Clinton Brown)