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Over half of English local authority audit opinions late
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Levelling up funding gap as local authorities cut spending
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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.