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Government proposes September deadline for all outstanding accounts
The government will propose a compulsory deadline of 30 September for all outstanding local authority audited accounts in England. Local government minister Simon Hoare has proposed an audit deadline...
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Prime minister raises ‘deep concerns’ over Eastleigh’s fraud allegations
Prime minister Rishi Sunak is “deeply concerned” over Eastleigh Council’s potential fraud allegations and high level of debt. Eastleigh’s external borrowing is valued at £525m. Photo:...
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Government to ‘clearly set out’ purposes of local audit
The government has announced that it will “clearly set out” the purposes of local audit to ensure the long-term stability of the sector but has offered no update on the new system leader. The...
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Consultation launched to ‘restore’ local audit
The government has launched its much-anticipated consultation on the best way to clear the backlog in local authority audit and restore “timely and high-quality financial reporting”. Only 1% of local...
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Stephen Sheen: clearing the local audit backlog
The government is now assessing feedback from a consultation on proposals to clear the backlog of local audits in England. Here, Stephen Sheen looks at some of the difficulties arising from the...
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Hillier: government proposals to clear audit backlog are ‘sticking plaster’...
The government has only made “sticking plaster” interventions to local audit and “long-term” changes must be implemented, the chair of the Public Accounts Committee (PAC) has stated. As of September...
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Will the audit backlog be cleared by the backstop date?
As the backstop date for the publication of all outstanding accounts approaches, sector professionals think it is ‘unlikely’ to be cleared by 30 September or, if it is, the process won’t be done with...
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Tighter MRP requirements ‘put the prudential framework on a more robust basis’
The final requirements for determining minimum revenue provision (MRP) for local authorities in England have been laid out in parliament. Amendments to the Local Authorities (Capital Finance and...
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‘Limited’ Oflog would ‘make perfect sense’ as audit system leader
The Office for Local Government (Oflog) lacks a clear purpose and would benefit from becoming audit system leader and having a defined role in assessing newly required productivity plans, parliament...
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Simon Hoare: Oflog and local audit system leader ‘should be kept separate’
The two workstreams of the Office for Local Government (Oflog) and the system leader for local audit should be “separate”, the minister for local government has stressed. During a Levelling Up, Housing...
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