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Government gives green light to Redmond Review recommendations 22 December 2020: The government has responded positively to Sir Tony Redmond’s review into the effectiveness of external audit and transparency of financial reporting in local authorities, with some of the recommended reforms starting in 2021.
On 17 December 2020, the Ministry for Housing, Communities and Local Government (MHCLG) published its response to Sir Tony Redmond’s independent review of local authority audit and financial reporting.
The response reconfirms the importance of external audit in providing assurance to councils and local taxpayers, particularly at a time when local authorities are exposed to greater risks – whether through stretched funding or increased commercial activity.
Details
This response to the Redmond Review, prepared by the Ministry of Housing, Communities and Local Government, forms part of the department’s post-legislative scrutiny assessment of parts 1 to 5 of the Local Audit and Accountability Act 2014 which received Royal Assent on 30 January 2014.
The department’s review of the non-audit related elements of the 2014 Act will be published separately. Published 17 December 2020