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Technical

Consultation launched to ‘restore’ local audit

Policy

Government to ‘clearly set out’ purposes of local audit

Prime minister raises ‘deep concerns’ over Eastleigh’s fraud allegations

Government proposes September deadline for all outstanding accounts

Government considers greater capital flexibilities to help relieve councils’ budget pressure

FRC to carry out investigation into Thurrock’s failed investment strategies

2023 in review: the best stories in local government finance

Stephen Sheen: cracks and a lack of consequence in the audit process

FRC seeks greater audit competition as report highlights extent of Big Four dominance

‘Completely unacceptable’ backlog restricts effectiveness of local audit quality monitoring, says FRC

Roundtable: investing in fixed income – opportunities for the LGPS

‘Concern and uncertainty’: scale of budgetary challenge at local authorities highlighted in EY survey of s151 officers

LUHC: government must act ‘urgently’ to clear audit backlog to restore trust

Levelling up projects ‘behind schedule and unlikely to be completed by deadlines’, says NAO

35% of authorities have now finalised 21/22 accounts but ‘still long way to go’ to fix backlog

ICAEW calls for ‘urgent action’ on funding pots bidding and the audit crisis

Concern raised over reliability of data and expertise of council-run firm providing financial services

Only 1% of local government bodies have received audit opinions on 22/23 accounts

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