Laura Sharman 01 November 2021

Regulator 'disappointed' at timeliness of local government auditor reporting

Regulator disappointed at timeliness of local government auditor reporting image

Half of the local government audits chosen for review by the Financial Reporting Council (FRC) had to be replaced as they were not finalised and signed on time.

The FRC said the timeliness of auditor reporting - which included higher risk audits - is 'disappointing'.

A review of 20 major local audits in England found 30% needed improvements. This included strengthening the audit testing of expenditure and providing improved rationale supporting a modified audit opinion.

However, it noted this was an improvement on the prior year where 60% of audits inspected required either improvements or significant improvements.

The FRC’s executive director of supervision, Sarah Rapson said: 'While it is encouraging to note the firms’ response to previous year’s findings, it is clear significant progress is still required to ensure high quality audit is being delivered on a consistent basis.

'We expect the firms to build on this progress and swiftly address any deficiencies identified.'

SIGN UP
For your free daily news bulletin
Highways jobs

Road Worker

City of Bradford MDC
Band 6 £20,043 - £22,129 pa
Bradford Metropolitan District Council is looking for two Road Workers to join the Highway Delivery Unit. Bradford, West Yorkshire
Recuriter: City of Bradford MDC

Senior Practitioner - Family Support and Protection

Essex County Council
£41552 - £50290 per annum + + Free Parking & Local Gov Package
Closing Date
Recuriter: Essex County Council

Senior Planning Enforcement Officer

Greater Cambridge Shared Planning
Grade 5, £30,737 - £35,747 per annum
An exciting opportunity has arisen within the Greater Cambridge Planning Enforcement Team Cambourne/Cambridge/Hybrid
Recuriter: Greater Cambridge Shared Planning

Assistant Engineer / Engineer

City of Bradford MDC
£24,920 - £34,373 pa
This is an opportunity to join the highway maintenance team Bradford, West Yorkshire
Recuriter: City of Bradford MDC

Technician - Maintenance Programmes (3 Posts)

Derbyshire County Council
£23,657 - £25,568 per annum - Plus market leading package (see below)
This is an exciting time to join our in-house Highways Service Hybrid
Recuriter: Derbyshire County Council

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.