Levelling up: how to fuel digital transformation
In Manchester, digital inclusion has already helped to stimulate economic growth. The government’s Levelling Up agenda needs to help develop the skills to match this.
Read the latest insights on improving financial management in the public sector, including key findings from the UK National Audit Office, Audit Wales and public auditors around the world. Delve into the issues with ICAEW’s Better Government Series of policy insights that looks at how to improve financial management in the public sector and how to build strong finance leadership to ensure public money is spent wisely on behalf of citizens.
In Manchester, digital inclusion has already helped to stimulate economic growth. The government’s Levelling Up agenda needs to help develop the skills to match this.
This month’s top technical stories include a new 64-8 agent authorisation form from HMRC, a notice that overclaimed SEISS grants are starting to be assessed and a consultation on ICAEW’s proposed CPD Policy changes.
Responding to the consultation on the Auditor General for Wales’ work programme ICAEW urges Audit Wales to drive improvements in public sector financial management.
NAO says the procurement process for awarding Randox Laboratories the contracts was “inadequate”.
What does the pandemic mean for attitudes to risk and for the social contract that has underpinned the free market?, asks ICAEW President David Matthews
19 November 2020: 8,600 pandemic-related contracts worth £18bn were entered into in the period up to 31 July 2020, but a lack of transparency in how they were awarded has given rise to serious concerns about how public money has been spent.
17 November 2020: Croydon Council has gone into section 114 ‘bankruptcy’ following years of overspending, losses on commercial investments and the effects of the coronavirus pandemic. What went wrong?
3 November 2020: The Cabinet Office has announced new guidance on procurement for government departments, executive agencies and non-departmental public bodies.
21 October 2020: Recent reports on the commercial activities of local councils in Wales and Spelthorne Borough Council’s £1bn commercial property bet highlight the pressures local authority finances are under.
16 September: The National Audit Office has issued a report on the £20m cost of exiting the failed Magnox contract to decommission nuclear research sites and power stations.
15 September: Making better use of public data could benefit the economy, public services and the quality of peoples’ lives – so can the UK Government’s long-awaited National Data Strategy deliver this? Alison Ring, Director for Public Sector at ICAEW examines the proposals.
1 July 2020: One of the legacies of the COVID-19 crisis could be a stronger push towards e-government around the world. Estonia is a case in point.
ICAEW engages with the Fabian Society and their pamphlet ‘Prizing the Public Pound’ on local audit and spending effectiveness in central government, in which they call for a future Labour government to reorganise, revitalise and expand public audit in England.
An ICAEW policy insight aimed at helping governments and parliaments understand how good balance sheet management can improve the overall management of the public finances.
The role of professional accountants is fundamentally about creating trust. Trust that numbers are correctly stated and that a true and fair account has been produced, showing what money has been raised and how that money has been used.
A decade after the corporate debt crisis, public debt is at an all-time high and continues to rise. The potential for a global public debt crisis should not be ignored. ICAEW shares policy insight.
In this publication, we explore the drivers for strong financial leadership and the skills and competences that, in our view, a strong finance leader should have.
ICAEW has a new addition to the better government series: a guide for stakeholders working with the UK Central Government Public Financial Management System.
Sustainable Public Finances: EU Perspectives. Synopsis of discussion on 8 November 2016
ICAEW has published a new framework guidance document Building blocks to better PFM - A cash to accruals accounting toolkit as part of its Better Government Series.