Local government finance
Skills for the future
- Hub page
- 25 Oct 2024
Improving financial skills is critical in balancing the books and delivering value for citizens. As backstop dates for audited accounts come into force, ICAEW explores how local authorities can strengthen their approach to financial management.
Browse resources
Latest Insights
Chart of the week: End of the first quarter (century)
- Article
- 09 May 2025
Our chart this week marks the end of the first fiscal quarter of the 21st century on 31 March 2025 by comparing it with the previous four quarters in the 20th century.
MPs call on HMRC to address challenges in tax administration
- Article
- 06 May 2025
Parliament’s Public Accounts Committee’s report reveals the challenges faced by HMRC in administering the increasingly complicated tax system, emphasising the need for simplification, improving trust among taxpayers and learning lessons from the implementation of MTD.
Chart of the week: Canada’s trade with the US
- Article
- 02 May 2025
Our chart this week takes a look at trade between the US and Canada, a major factor in Canada’s recent general election.
Technical round-up: April 2025
- Article
- 30 Apr 2025
This month’s top stories feature new sanctions for tax advisers; a warning for couples with furnished holiday lets; and a dip in HMRC performance.
Highlights
Public sector explainers: What are government Estimates?
- Helpsheets and support
A simple guide by ICAEW experts, explaining how government Estimates work.
Public sector explainers: Public Sector Budgeting Framework
- Helpsheets and support
A simple guide by ICAEW experts, covering the Government public sector budgeting framework tool.
Public sector explainers: Important stakeholders across the public sector and how they promote effective financial management
- Helpsheets and support
This page highlights some of the key organisations which play a role in promoting effective financial reporting and concisely explains their role.
ICAEW vision for local audit
- Hub page
ICAEW sets out its vision for local audit, making the case for better financial reporting, high quality and more timely audits, stronger financial management and governance, and a thriving profession that is highly valued.
Public sector financial and non-financial reporting
- Hub page
We highlight the vital role public sector reporting plays in strengthening financial controls, improving evidence-based decision making and bringing transparency to the public about how taxpayers’ money is spent.
UK public sector audit
- Hub page
Public sector bodies may produce financial statements under the same accounting standards as their private sector counterparts, but there are some key differences. In addition, each of the UK's four nations has its own approach to audit. This hub highlights the important variations all auditors need to be aware of.
Local public audit in England
- Helpsheets and support
ICAEW is responsible for the licensing, registering and monitoring of auditors who wish to carry out audits of local public bodies. This page explains what accountancy firms and individuals need to do to become a registered local auditor under the Local Audit and Accountability Act 2014.
Demystifying the role of NEDs in the public sector
- Article
Chartered accountants possess many of the skills required to be an effective NED in the public sector. We explain what the role entails, how interested members can find vacancies and why they are so desperately needed.
Resources by topic
Public Sector Audit and Assurance
Improving the quality of public audit. Becoming a registered local auditor. Assurance for grant-paying bodies
Find out morePublic Sector Finances
Insights and analysis on the UK public finances, including the #icaewchartoftheweek.
Find out morePublic Sector Financial Management
Our Better Government Series of policy insights looks at how to improve finance leadership and financial management in the public sector.
Find out morePublic Sector Financial Reporting
Developments in International Public Sector Accounting Standards (IPSAS) and International Financial Reporting Standards (IFRS) affecting the public sector.
Find out moreEurope and International
Exploring public sector finances and financial management across the globe.
Find out moreLearning and Development
How we can help professionals, in the public sector and beyond, develop their skills and advance their careers.
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