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Local Audit Review.pdf

Redmond_Review.pdf
Preview of Local Audit Review
🔗 Source: assets.publishing.service.gov.uk
📊 Size: 1000 KB
👤 Author: Beth Addison
⬇️ Downloads: 76

Summary

Sir Tony Redmond's independent review of local audit and transparency of local authority financial reporting concludes that the local audit market is fragile, with a fee structure that doesn't enable auditors to fulfill their role satisfactorily, and 40% of audits failing to meet deadlines in 2018/19. The review proposes a new organization to lead the local audit framework and standardized reporting to improve transparency and accountability, with primary legislation necessary to fully achieve the vision.

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Description

Sir Tony Redmond's independent review of local audit and transparency of local authority financial reporting concludes that the local audit market is fragile,...

Technical Information

  • File Format: PDF
  • File Size: 1000 KB
  • Pages: 85
  • Language: EN
  • Author: Beth Addison
  • Total Downloads: 76
  • Last Updated: 2 days ago

Document Overview

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