-
10 Nov 20
A 25% increase in audit fee variation rates for 2020-2021 is being proposed by the Public Sector Audit Appointments, following recommendations from the Redmond Review.
-
8 Sep 20
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.
-
26 Feb 20
From Universal Credit to Crossrail, local government finances to central government IT projects, the National Audit Office has shone a light on some of the biggest public finance challenges of recent...
-
19 Dec 19
Audit must be split from general accountancy to restore trust in the profession, an independent review has said.
-
16 Dec 19
Health and social care services in Scotland face a “very significant” challenge to their financial sustainability against a backdrop of local government funding cuts that have seen councils...
-
1 Oct 19
The Scottish Government has defended its decision to bail out private companies after it was criticised by auditors for having substantially reduced the value of £140m in loans and guarantees.
-
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.
-
8 Jul 19
In an increasingly complex world, with all the business risk associated with it, internal audit needs to adapt – and quickly
-
5 Jul 19
The auditing industry resembles a closed shop that polices itself, constantly blurs the line between providing and selling services, and is protected by government when things go wrong. There...
-
5 Jul 19
A number of high-profile business scandals has put auditing in the pillory. But a mixture of transparency, relevant skills and codes of practice – and good old-fashioned scepticism – can build back...
-
5 Jul 19
Public audit needs to re-engage with taxpayers, become less technical and put its energies back into value for money.
-
17 Jun 19
The UK’s largest charities paid audit fees of £72.3m in 2017-18, a rise of £10.2m in just four years, according to an online data service.
-
11 Jun 19
Councils are still being called on to do more with less but the move towards investment in commercial property may not be an appropriate response, says CIPFA’s Don Peebles.
-
11 Jun 19
The adequacy and impact of auditor reporting is under scrutiny after an NAO report concluded that central government lacks the evidence base needed to assess governance
-
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.
-
6 Jun 19
Councils are concerned that a National Audit Office investigation into commercial property investment will criticise them, public finance experts have told PF.
-
14 May 19
Ninety-three per cent of construction industry suppliers think the relationship between the ill-fated firm and its auditors, KPMG, was “too cosy”, according to a poll of construction industry leaders.
-
18 Apr 19
The Competitions and Markets Authority’s proposals to partially break up the ‘big four’ accounting firms to increase competition “will have consequences” for local government, CIPFA has said.
-
15 Mar 19
An increasing number of local public bodies are demonstrating “significant weaknesses” in securing value for money, MPs have warned.
-
5 Feb 19
As the public faces higher taxes, fundamental revisions are needed to public audit, argue John Tizard and David Walker.
-
17 Jan 19
There are “significant weaknesses” in the auditing practices of many Welsh town and community councils, according to a report by the Welsh Auditor General.
-
30 Nov 18
The Government Counter Fraud Awards 2019 have now been extended until 7 December. CIPFA takes another look back at some of the previous winners, this time with those handed...
-
19 Nov 18
Treasury officials are aiming to bring forward the publication of the Whole of Government Accounts for the next financial year, MPs have been told.
-
4 Oct 18
Auditors have raised “serious reservations” over the finances of two Scottish health boards.
-
8 Jun 18
The Treasury has told MPs it will not defend its plans for an environmental watchdog set up to fill a regulatory hole left by Brexit that has been branded “toothless”.