Auditors have raised “serious concerns” over the Royal Borough of Windsor and Maidenhead’s finances, and pointed to an at-risk development scheme that could destabilise the authority.
As startling infringements on the independence of national public auditing authorities reflect a worrying global decline in democratic systems, INTOSAI and the OECD call for more hands on deck.
More needs to be done to make auditing an attractive and prestigious profession, and councils stand to benefit hugely if that is achieved, MPs have heard.
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 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...
Accountancy firm Grant Thornton has been sanctioned by the Financial Reporting Council for failures in its audits of Patisserie Valerie before the café chain company collapsed, showing “a serious...
Peterborough City Council’s external auditors have raised serious concerns about the financial situation of the authority, which has become reliant on additional government support.
A council acted unlawfully by refusing a resident access to thousands of financial documents on the grounds it would have taken five weeks of staff time, a court has ruled.
Local government auditor Grant Thornton has defended how it inspected the accounts of Liverpool City Council, following a damning report into governance the council.
Many of the recommendations in the Redmond Review can be carried out in the short-term without the need for new legislation, Sir Tony Redmond has told the PF Live conference.
Stephen Boyle was nominated as auditor general by members of the Scottish Parliament on Tuesday afternoon to replace Caroline Gardner, who has held the position for the last eight years, subject to...
The updated code of audit practice will require auditors of local public bodies to provide “narrative-style” commentary, the public spending watchdog has announced.
Two years on from the collapse of outsourcing giant Carillion, Unite, the UK’s biggest union, has accused the government of failing to act on weaknesses in the UK audit system.
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.
What are the challenges faced by those working within the new local audit landscape? And how can the industry create a sustainable market for the long term?
CIPFA chief executive Rob Whiteman raised concerns over a lack of diversity in council investments, at the annual Local Government Association conference today.
