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Warning to expect 'dramatic' increase in audit fees next year | Local Government Chronicle (LGC)

Councils should expect to pay significantly more for external audit services with an increase in the region of 150% from 2023-24. Today Public Sector ....

Bishop Fleming , Tony Crawley , Ernst Young , Azets Audit Services , Public Sector Audit Appointments Ltd , Redmond Review ,

Rob Whiteman: Alarming breakdown of officer-member relationships must be tackled

Respect between officers and elected members and reinvigorated local audit, transparency and data can reduce failure, writes the chief executive of the ....

Orkney Islands , United Kingdom , Centre For Governance , Government Association , Office For Local Government , Institute Of Public Finance Accountancy , Chartered Institute , Public Finance , Redmond Review , Local Government , Local Government Association ,

Don't waste the huge effort you put into annual accounts

ICAEW’s Public Sector and Taxation Director Alison Ring says the annual report and accounts should be the foundation for local authority finance communication. ....

United Kingdom , City Of , Fife Council , Government Legal Department , Office For Local Government , Southwark Council , Authority Accounting Code , Redmond Review , Local Authority Accounting Code , Minimum Revenue Provision , Local Government ,

FRC introduces revised Key Audit Partner eligibility guidance

ICAEW expresses disappointment at missed opportunity for reforms to Key Audit Partner eligibility guidance to enable broader access for audit firms to the NHS and local authority audit markets. ....

United Kingdom , Tony Redmond , Oliver Simms , Financial Reporting Council , Department For Levelling , Recognised Supervisory Bodies , Key Audit Partners , Key Audit Partner , Local Audit , Accountability Act , Sir Tony Redmond , Responsible Individual , Redmond Review , Public Sector Audit ,

Councils to be required to have audit committee with independent member

Councils will be required to have an audit committee with an independent member as part of the new system for regulating audit. The government yesterday ....

Neil Harris , Rob Whiteman , Kemi Badenoch , Audit Reporting Governance Authority Arga , Financial Reporting Council , Institute Of Public Finance Accountancy , Department For Levelling , Audit Reporting , Governance Authority , Redmond Review , Public Finance , March Neil Harris ,