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Worsening local audit crisis reaches stalemate

As the backlog of incomplete local audits continues to grow, Public Sector Audit Appointments Chair calls for “extraordinary intervention” to get the system back on track.
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Sarah Sheen , Institute Of Public , House Of Commons Public Accounts Committee , Communities Committee , Department For Levelling , Ichabod Industries , Financial Reporting Council , Government Association , Public Sector Audit Appointments , Local Government Association , Chair Steve Freer , Public Sector , Lee Rowley , Clive Betts , Standard Setting , Technical Manager , Chartered Institute , Public Finance ,

Getting audit back on track

LGC explores what has caused the local audit backlog and what is being done about it It is no understatement to describe local audit as in crisis. Just ....

United Kingdom , Sarah Sheen , Geoffrey Clifton Brown , Tony Crawley , Dominic Bradley , Lee Rowley , Institute Of Public Finance Accountancy , Ministry Of Justice , Financial Reporting Council , National Audit Office , Thurrock Council , Department For Levelling , Sir Geoffrey Clifton Brown , Chartered Institute , Public Finance , Local Government Pension , Public Sector Audit , Companies Act , Sector Audit ,

CIPFA: PAC report on timelines of local auditor reporting

CIPFA acting head of standard setting, Sarah Sheen has offered comments on the recently released PAC report. ....

Sarah Sheen , Public Accounts Committee , Better Reporting Group ,

Local audit quality inspection results revealed

Financial Reporting Council rates 70% of local audits as good or only requiring limited improvements, but reiterates concerns about audit timeliness. ....

Sarah Rapson , Sarah Sheen , Bishop Fleming , Financial Reporting Council , Public Sector Audit Appointments Limited , Quality Assurance Department , Assurance Department , Local Audit , Accountability Act , System Leader , Alison Ring , Public Sector , Technical Manager ,

ICAEW and CIPFA - use of IFRS 9 on pooled investments

CIPFA and ICAEW call for the full application of IFRS 9 to pooled investments as soon as possible to improve the transparency of reporting. ....

United Kingdom , Sarah Sheen , Oliver Simms , Code Of Practice On Local Authority Accounting , Department For Levelling , Local Authority Accounting , Setting Manager ,