As chief executive of Arts Council England, Darren Henley oversees millions of pounds of investment in creative and cultural pursuits. Here he talks to PF about how the arts can drive growth and...
The Financial Reporting Council has fined accountancy firm Deloitte over material misstatements in the 2016 financial statements of outsourcing company Mitie.
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.
The local government audit crisis means is compounding local government’s financial difficulties, says Public Accounts Committee chair, Dame Meg Hillier.
Almost two thirds of finance professionals say they have come under pressure to act in an unethical way at some point in their careers, according to early findings from CIPFA’s ethics survey revealed...
MPs have accused the ‘Big Four’ accountancy firms of “feasting” on the carcass of Carillion as they revealed the firms billed for almost £72m worth of work related to the collapsed company since 2008.
More than 200 frontline public sector organisations could be in “financial distress” by the end of the parliament due to planned funding cuts, an analysis by Deloitte and the think-tank...
Government plans to cut welfare spending could increase the pressure on hardship schemes run by local authorities, potentially leading to more people living in poverty, a Grant Thornton report has...
The Public Accounts Committee has criticised the work of Revenue and Customs, warning that the tax collection agency continues to have ‘too cosy’ a relationship with accountancy firms and...
It’s probably time to give up on the idea that central government has the political will to fix local government’s problems. We need a bottom-up transformation of how local services work.
MPs have accused PwC of ‘nothing short of the promotion of tax avoidance on an industrial scale’ after examining the role of large accountancy firms in advising multinational how to minimise...
Around one-third of the 1,886 government construction projects currently in the pipeline have no specified completion date, accountants KPMG have revealed today.
Large accountancy firms that advise corporations and individuals on tax avoidance should be banned from working with or for the government, the Public Accounts Committee said today.
