Back in August 2010, Eric Pickles announced government’s intention to abolish the Audit Commission and give powers to local public bodies to appoint their own auditors.
With ICAEW now planning to take on a greater role as a Recognised Supervisory Body (RSB) for local public audit, as well as receiving a positive welcome for its work on “A CFO at the Cabinet Table” what else might it do to help public sector financial management?
The year at Westminster ended much as it began, with both major parties struggling to convince a sceptical electorate that they have the capacity to win a majority in 2015.
MPs have devised a draft code that claims town halls in England should be allowed to impose local "tourist taxes".
The role of the Public Accounts Committee has recently been called into question. Is it going too far in seeking to hold senior civil servants to account for their decisions over the use of taxpayer’s money?
A systemic failure in the way Government departments and agencies deal with complaints from the public is wasting huge amounts of taxpayers' money, the parliamentary ombudsman has disclosed.
Update on 2007-08 pensions changes based on a NAO report.
Wendy Bradbury of HM Prison Service has won the Government Finance Profession Finance Director of the Year 2010 Award. Sponsored by ICAEW, this new award recognises the important contribution finance directors make within government. For some time now the ICAEW, together with CIPFA, has called for the role of the finance directors in the public sector to be strengthened and made more strategic.
The International Auditing and Assurance Standards Board (IAASB) has welcomed the issuance of the South African Declaration on International Standards of Supreme Audit Institutions (ISSAIs) (the Declaration).