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York Council failings prompts auditors' public interest report - Vimarsana News

York Council failings prompts auditors' public interest report

Mazars says the termination settlement paid to York’s former chief executive was “arguably unlawful”, while also criticising how the council dealt with conflicts of interest. Mazars recently issued a public interest report on payments made by the City of York Council on the termination of employment of its former chief executive, raising concerns about governance, conflicts of interest, record keeping and a failure to follow due process. York held a public meeting on 4 May 2021 to discuss the findings of the report and to agree actions to implement its recommendations. ...

Source: icaew.com
Tories accused of misleading voters over council's finances - Vimarsana News

Tories accused of misleading voters over council's finances

Members of the Conservative party claim the borough council’s net debt stands at £83 million, which has appeared in Facebook adverts and leaflets for UllaKarin Clark, their candidate for Emmbrook. The material states: “The independent auditor [Ernst & Young] says our net debt is £83 million against £1.3 billion in assets. Do you believe them or the Liberal Democrats trying to win your vote?” Ernst & Young [EY] are the council’s officially appointed auditors. The Liberal Democrats claim that EY have not endorsed the £83 million in net debt figure, and have therefore called...

Andy Burns: Ministers are wrong to reject new audit body - Vimarsana News

Andy Burns: Ministers are wrong to reject new audit body

Whitehall claims about the key Redmond Review recommendation do not cut the mustard, writes the assistant director of the Chartered Institute of Public Finance & Accountancy. “I help to support the establishments I have mentioned--they cost enough; and those who are badly off must go there” – Ebenezer Scrooge I think it’s safe to say that the final announcements to come out of the Ministry of Housing, Communities & Local Government for 2020 were a bit of a mixed bag. Despite the heroic efforts of the local government sector over the year to combat Covid-19, it would seem that governme...

Local authority financial reporting and external audit: government response to the Redmond review - Vimarsana News

Local authority financial reporting and external audit: government response to the Redmond review

Details This response to the Redmond Review, prepared by the Ministry of Housing, Communities and Local Government, forms part of the department’s post-legislative scrutiny assessment of parts 1 to 5 of the Local Audit and Accountability Act 2014 which received Royal Assent on 30 January 2014. The department’s review of the non-audit related elements of the 2014 Act will be published separately. Published 17 December 2020

Source: gov.uk
Government publishes response to audit review - Vimarsana News

Government publishes response to audit review

Government publishes response to audit review Response to review into the effectiveness of local audit published. From: Government commits to measures that will help councils improve transparency and accountability An additional £15 million for councils to help them deliver the recommendations The government has published its response to the independent review into the effectiveness of local audit which was carried out by Sir Tony Redmond earlier this year. The review, launched in July 2019, examined whether the reporting regimes are robust enough to spot early warning signs, such as ris...

Source: gov.uk