The government is set to make it a statutory requirement for councils in England to have independent members on audit committees as part of local audit reforms.
Criticism over the lack of audit work carried out at Liverpool City Council has led the authority to create a new position for a chief internal audit officer.
A lack of funding for staff development and challenges around the recruitment of new officers is preventing the internal audit function from reaching its full potential, according to a CIPFA report.
CIPFA / LASAAC has launched an urgent consultation on changes to the local authority accounting code to deal with infrastructure reporting issues currently holding up the sign-off of some sets of...
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...
The Financial Reporting Council is set to investigate the financial statements of a transport operator, after the company was at the centre of an accounting scandal.
External auditors for South Cambridgeshire District Council have closed the authority’s 2018-19 accounts, after finding significant issues with property valuations.
CIPFA’s Sarah Sheen and ICAEW’s Oliver Simms explain how working in local audit brings substantial benefits, including the opportunity to make a real difference to people’s lives.
A senior external auditor is set to become the first director of local audit at the Financial Reporting Council, as part of sector-wide reforms to improve standards.
Almost all eligible public bodies in England have registered for the national auditor procurement scheme run by Public Sector Audit Appointments from 2023, the oversight body has announced.
The Ministry of Defence’s £5.5bn plan to update the British Army’s ageing tank fleet is under threat due to an ongoing a dispute about the condition of replacement vehicles, according to the National...
Auditors were unable to give an opinion on the accounts of the public body in charge of Scotland’s inland waterways because of flaws in the way it recorded and valued its assets.
The local government audit crisis means is compounding local government’s financial difficulties, says Public Accounts Committee chair, Dame Meg Hillier.
External auditors for an East Midlands authority will review financial reporting arrangements after identifying fraudulent payments in the council's 2019-20 financial statements.
External auditors are set to qualify a London borough's statement of accounts for 2018-19 and 2019-20 on a number of grounds, including a failure to consolidate financial statements of...
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...
The Financial Reporting Council has fined accounting firm Mazars £250,000 over "insufficient and undocumented” challenge on the valuation of refurbishment costs in a local authority audit.
Local authorities in England are set to receive £45m over the next three years, alongside extended accounts deadlines, to help improve the timeliness of local audit.
Large amounts of government spending are either evaluated poorly or not evaluated at all, according to a critical report from the National Audit Office.
Fraud and error in pandemic support programmes have led to head of the National Audit Office Gareth Davies qualifying his opinion on the 2020-21 accounts of the Department for Business, Energy and...
