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13 May 22
The Financial Reporting Council has fined accountancy firm KPMG £14.4m after finding it provided false and misleading information to its review of the firm's audit of collapsed public...
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6 May 22
Public bodies must learn the lessons from Covid-19 to ensure that clear audit trails exist for all procurement decisions.
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11 Jan 22
The chief executive of audit firm KPMG has apologised for misleading the Financial Reporting Council during a quality review of an audit of financial statements produced by former...
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19 Nov 21
Cambridgeshire County Council breached European Union procurement laws on two separate occasions in its 2017-18 accounts, auditors have concluded.
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28 Sep 21
Accountancy firm Grant Thornton has been sanctioned by the Financial Reporting Council for failures in its audits of Patisserie Valerie before the café chain company collapsed, showing “a serious...
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25 Jun 21
Peterborough City Council’s external auditors have raised serious concerns about the financial situation of the authority, which has become reliant on additional government support.
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29 Apr 21
A council acted unlawfully by refusing a resident access to thousands of financial documents on the grounds it would have taken five weeks of staff time, a court has ruled.
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29 Mar 21
Local government auditor Grant Thornton has defended how it inspected the accounts of Liverpool City Council, following a damning report into governance the council.
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21 Oct 20
Many of the recommendations in the Redmond Review can be carried out in the short-term without the need for new legislation, Sir Tony Redmond has told the PF Live conference.
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20 Oct 20
NHS Scotland Counter Fraud Services Team has been awarded the Outstanding Proactive Fraud Detection and Recovery Award at Public Finance Live 2020.
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11 Sep 20
Jon Roberts, head of public policy audit at Grant Thornton, says Sir Tony Redmond has provided a sound basis for recovery in the local audit market.
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9 Sep 20
PF rounds up the sector’s response to the Redmond Review on local authority audit published yesterday.
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11 Mar 20
Stephen Boyle was nominated as auditor general by members of the Scottish Parliament on Tuesday afternoon to replace Caroline Gardner, who has held the position for the last eight years, subject to...
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22 Jan 20
The updated code of audit practice will require auditors of local public bodies to provide “narrative-style” commentary, the public spending watchdog has announced.
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15 Jan 20
Two years on from the collapse of outsourcing giant Carillion, Unite, the UK’s biggest union, has accused the government of failing to act on weaknesses in the UK audit system.
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20 Dec 19
Local audit needs to be “fundamentally rethought”, and an independent regulator must be created to oversee the practice, CIPFA has said.
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30 Aug 19
The public spending watchdog has launched a review of proposed changes to the code of audit practice, which aims to “refocus local audit”.
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10 Jul 19
Communities secretary James Brokenshire announced the government is to examine local authority financial reporting and auditing, as he gave a ministerial address at CIPFA’s annual conference today.
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5 Jul 19
What are the challenges faced by those working within the new local audit landscape? And how can the industry create a sustainable market for the long term?
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5 Jul 19
Independent information is crucial to helping policymakers sow the seeds of good government and weed out bad practice
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3 Jul 19
CIPFA chief executive Rob Whiteman raised concerns over a lack of diversity in council investments, at the annual Local Government Association conference today.
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2 Jul 19
The next prime minister must produce a green paper to “look afresh” at local government, the communities secretary has said.
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7 Jun 19
Amyas Morse stepped down as the head of the National Audit Office at the end of last month. Emily Twinch looks at his tenure and speaks to colleagues about his success.
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6 Jun 19
The adequacy and impact of auditor reporting is under scrutiny - but real improvement still seems some way off, explains CIPFA’s Diana Melville.
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17 May 19
The public spending watchdog is investigating the government’s oversight of councils’ commercial property investment, MPs have heard.
13 May 22The Financial Reporting Council has fined accountancy firm KPMG £14.4m after finding it provided false and misleading information to its review of the firm's audit of collapsed public...
6 May 22Public bodies must learn the lessons from Covid-19 to ensure that clear audit trails exist for all procurement decisions.
19 Nov 21Cambridgeshire County Council breached European Union procurement laws on two separate occasions in its 2017-18 accounts, auditors have concluded.
28 Sep 21Accountancy firm Grant Thornton has been sanctioned by the Financial Reporting Council for failures in its audits of Patisserie Valerie before the café chain company collapsed, showing “a serious...
25 Jun 21Peterborough City Council’s external auditors have raised serious concerns about the financial situation of the authority, which has become reliant on additional government support.
29 Apr 21A council acted unlawfully by refusing a resident access to thousands of financial documents on the grounds it would have taken five weeks of staff time, a court has ruled.
29 Mar 21Local government auditor Grant Thornton has defended how it inspected the accounts of Liverpool City Council, following a damning report into governance the council.
21 Oct 20Many of the recommendations in the Redmond Review can be carried out in the short-term without the need for new legislation, Sir Tony Redmond has told the PF Live conference.
20 Oct 20NHS Scotland Counter Fraud Services Team has been awarded the Outstanding Proactive Fraud Detection and Recovery Award at Public Finance Live 2020.
11 Sep 20Jon Roberts, head of public policy audit at Grant Thornton, says Sir Tony Redmond has provided a sound basis for recovery in the local audit market.
9 Sep 20PF rounds up the sector’s response to the Redmond Review on local authority audit published yesterday.
22 Jan 20The updated code of audit practice will require auditors of local public bodies to provide “narrative-style” commentary, the public spending watchdog has announced.
15 Jan 20Two years on from the collapse of outsourcing giant Carillion, Unite, the UK’s biggest union, has accused the government of failing to act on weaknesses in the UK audit system.
20 Dec 19Local audit needs to be “fundamentally rethought”, and an independent regulator must be created to oversee the practice, CIPFA has said.
10 Jul 19Communities secretary James Brokenshire announced the government is to examine local authority financial reporting and auditing, as he gave a ministerial address at CIPFA’s annual conference today.
5 Jul 19What are the challenges faced by those working within the new local audit landscape? And how can the industry create a sustainable market for the long term?
5 Jul 19Independent information is crucial to helping policymakers sow the seeds of good government and weed out bad practice
3 Jul 19CIPFA chief executive Rob Whiteman raised concerns over a lack of diversity in council investments, at the annual Local Government Association conference today.
2 Jul 19The next prime minister must produce a green paper to “look afresh” at local government, the communities secretary has said.
7 Jun 19Amyas Morse stepped down as the head of the National Audit Office at the end of last month. Emily Twinch looks at his tenure and speaks to colleagues about his success.
17 May 19The public spending watchdog is investigating the government’s oversight of councils’ commercial property investment, MPs have heard.
