Amendments to international reporting standards proposed this week will see auditors demand more involvement with councils' processes for identifying fraud, an expert told PF.
Finance officers need to interrogate and address cultural and behavioural factors, which are as important as legal frameworks in ensuring good governance in the public sector.
A senior MP has questioned whether the new 'system leader' for local audit proposed by the government will possess the expertise to deal with the complexities of the sector.
Government proposals on local audit have gained a qualified welcome from the sector – but questions still remain, say experts – PF rounds up the reaction.
The government has proposed making the replacement to the Financial Reporting Council the new system leader for local audit, following the Redmond Review.
London Borough of Newham has been granted permission to appeal a High Court decision which rejected its claim against Barclays Bank over historic Lender Option Borrower Option loans.
Tax fraud costs the public purse around ten times as much as benefit fraud. So why does the government employ three times as many people to tackle the latter, asks TaxWatch’s George Turner.
A High Court judge has thrown-out a legal challenge tabled by eight local authorities against lender Barclays Bank over historic Lender Option Borrower Option loans.
UK councils’ efforts to tackle grant fraud are being hampered by the reallocation of resources to support efforts to respond to Covid-19, according to analysis from CIPFA.
The government has launched a consultation on extending the use of shared data collected by the National Fraud Initiative in a move it says could save the public sector £10m a year.
Help is at hand for local authorities looking to increase their anti-fraud capabilities, says Heidi Loren de Sousa, manager of CIPFA's Counter Fraud Apprenticeship programme.
The cyber attack on the London Borough of Hackney will divert resources that could be better spent on the authority’s Covid-19 response for months to come, says director of finance and resources Ian...
Distributed ledger technology can help improve transparency in procurement processes, but public bodies must assess potential implementation risks, according to research into a South American...
The Covid-19 pandemic is likely to have a long-lasting impact on governance and financial management in public bodies – Sarah Sheen looks at the issues.
The government failed to meet standards of transparency on its emergency Covid-19 procurement, according to an investigation by the National Audit Office.
Speed was key in rolling out the Coronavirus Job Retention Scheme, but HMRC didn’t overlook the potential for fraud, says the department's director responsible for Covid-19 compliance.
