More than £70m is being wasted across Whitehall every year because civil servants cannot understand the complex financial spreadsheets and models prepared by their colleagues, it has been claimed.
Health finance professionals should work with their clinical and managerial colleagues to develop accurate costs for the services their organisations offer, Monitor said today.
On April 1, new internal audit standards come into effect for the whole of the public sector. Creation of this level playing field will bring some changes
The public sector loses billions from fraud each year as criminals exploit technology to further their ends. But IT is also helping the good guys catch up
Huge spending cuts and radical changes in the public sector are not only shrinking the existing workforce but making it harder for jobseekers to find positions. As more and more people apply for...
Reforms to the contracts for NHS consultants have brought many of the expected benefits, but hospitals can still improve how they manage senior doctors to improve value for money, the National Audit...
Public bodies in Nottinghamshire received more than 800 applications for an innovative training scheme that allows finance staff to work across different employers
The National Audit Office has warned that funding cuts facing councils over the next two years will pose ‘increasing difficulties’ for town halls, and urged Whitehall to better understand the impact...
Plans to overhaul the audit regime for local public bodies contain ‘serious’ risks and gaps that could weaken accountability for public money, MPs have warned.
CIPFA has urged local authorities to be ‘extremely careful’ if they plan to follow Local Government Secretary Eric Pickles’ advice to use their reserves to close funding gaps.
The Local Government Finance Settlement heralds a ‘very challenging’ phase in the austerity programme, CIPFA has warned, while the Local Government Association called it ‘bad news for services’.
Accountants from across the public and private sectors have called on the government to adopt a long-term industrial strategy and said ministers should stop ‘talking down’ the economy.
Local Government Secretary Eric Pickles has accused some councils of scaremongering about funding cuts after it was revealed that town hall reserves have risen by more than a third in the past five...
English councils have coped well with shrinking budgets so far but some are worried about whether they will be able to sustain their financial performance in the medium term, accountancy firm Grant...
The cost of hosting the Olympic and Paralympic Games in London this summer is likely to be below the £9.3bn budgeted for the events, the National Audit Office said today.
The Welsh Public Accounts Committee has backed the principle of public audit reforms in Wales but said some proposals risk fettering the independence of the auditor general and should be ditched.
Housing groups and councils have today called for borrowing powers to build 60,000 affordable homes, saying the investment would boost economic growth by 0.6%.
Equal pay claims against Birmingham City Council are set to total at least £757m and will present a major financial challenge, the authority has revealed.
The first NHS trust to be taken over by a private company will need to make ‘unprecedented’ savings in the next ten years to meet its target to become debt free, the National Audit Office warned...
