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.
A group of MPs has told the government to “get its act together” regarding the governance of public-private partnerships set up to boost local economies.
Board minutes of failed outsourcing contractor Carillion showed that its last chief finance officer became a whistleblower after finding accounting irregularities.
The Commissioner for Public Appointments Peter Riddell has slated the Department for Education over its controversial appointment of journalist Toby Young.
Councils are looking at going beyond shared services to merging to form new authorities. What does this mean for finance and democratic accountability?
In light of the UK’s plans to leave the EU, the government should now prioritise the interests of the nation above those of Whitehall departments, says National Audit Office head Sir Amyas Morse
Swap provides ‘health checks’ to give managers an insight into strong and weaker areas of essential corporate functions and tackle the problem of assurance fatigue
