Local government must transform, innovate and work together to cope with the pressures of increased need for services with less central funding, according to two major accounting bodies.
MPs have slammed the government for its slowness in responding to a call for more transparent public spending and its apparent lack of commitment to scrutiny.
The Ministry of Housing, Communities and Local Government is planning to consult on a statutory override to aspects of a new accounting rule intended to improve the financial reporting of investments.
Councils are having to be bold and brave in how they deliver services. The new prudential code addresses the cumulative risk inherent in this, says CIPFA's Jo Pitt.
High Speed Rail 2’s £1.76m of unauthorised redundancy payments could have been avoided with tighter financial control, the Public Accounts Committee has said.
A CIPFA-developed online platform aimed at helping global not-for-profit organisations get to grips with varying financial reporting methods has been launched today.
The International Federation of Accountants has joined with CIPFA to launch an accountability index to encourage public financial management reform around the world.
Since the financial crisis there has been “significant cuts” to areas such as working age benefits and public order and safety, an Institute for Fiscal Studies report has found.
The UK will be in a strong negotiating position to claim a share of EU assets accrued during the country’s membership of the economic bloc as part of Brexit negotiations, according to CIPFA...
The Department for Environment, Food and Rural Affairs and the Ministry of Defence have both had their 2015-16 accounts qualified by the auditor general.
Governments around the world need to hold themselves to the same high standards as they expect from the private sector, the president of the International Federation of Accountants has said.
The Treasury is making progress on improving the quality of the Whole of Government Accounts and there is a path to removing the remaining qualifications, the National Audit Office’s report on the...
Auditor general Amyas Morse has issued an adverse opinion on the truth and fairness of the Department for Education’s group financial statements for 2014-15, concluding they did not provide the...
