The work of the National Anti-Fraud Network has helped local authorities prevent millions of pounds of fraud throughout the pandemic, says Mark Astley.
Sir Tony Redmond’s recently published review ticks most – if not all - the boxes needed to improve local authority audit, says Diana Melville, CIPFA’s governance adviser.
The Redmond Review, published today, has recommended the creation of a new local authority audit oversight body and a review of the current fee structure.
In times of rapid global change, the most successful teams will be those that experiment and take risks, but to do so they need to feel at ease and supported
The relationship between ministers, accounting officers and civil servants is currently not working, the outgoing auditor general of UK’s spending watchdog has said in his last speech in the role.
The impact of Brexit on the UK public finances must be “comprehensive and clear”, the Public Accounts Committee said as it urged earlier publication of the annual Whole of Government Accounts.
The International Public Sector Accounting Standards Board has reached a “major milestone”, approving the standard on accounting for social benefits after 16 years of discussion.
Councils have been granted a statutory override on accounting changes to pooled investments for five years, despite most stakeholders opposing a time-limited period.
Women in senior leadership positions can positively affect organisational performance. Mechanisms are needed to help them get there, argues Sheila Ellwood of the University of Bristol.
Almost two thirds of governments around the world will shift to accrual-based accounting within the next five years, CIPFA and the International Federation of Accountants have predicted.
The number of local authorities that missed the accounts publication deadline has more than doubled – although they had to contend with an earlier date.
Lancashire County Council has delayed signing off its accounts for the last financial year after auditors raised concerns over the treatment of a £50m LOBO loan.