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PMM local audit crisis 2023.pdf
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🔗 Source: davidheald.com
📊 Size: 959 KB
👤 Author: Lynn Bradley
⬇️ Downloads: 55

Summary

The local authority audit crisis in England is characterized by delayed publication of accounts and audits, weakening local accountability. Causes include the abolition of the Audit Commission, reduced central government grants, and tighter controls over local authority taxation. Consequences include diminished stewardship role of finance professionals, risky financial activities, and loss of reassurance from the regulatory system. Possible resolutions, drawing on the Redmond Report, are considered, but political constraints limit their feasibility.

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Description

The local authority audit crisis in England is characterized by delayed publication of accounts and audits, weakening local accountability.

Technical Information

  • File Format: PDF
  • File Size: 959 KB
  • Pages: 10
  • Language: EN
  • Author: Lynn Bradley
  • Total Downloads: 55
  • Last Updated: 5 days ago

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