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CIPFA has welcomed the publication of the Government's response to the Department for Communities and Local Government consultation on the future of local public audit.
Ian Carruthers, Director of Policy and Technical at CIPFA, commented,
"The Government's response is helpful in providing a firmer outline of the proposed new arrangements for local public audit. However there remain areas for concern, and considerable further work is required to develop the detailed practical guidance necessary for individual bodies to implement the Government's proposals consistently and cost-effectively."
The Government will now begin a phase of intense discussion with audit bodies and councils on the shape of the new localised system. A draft Bill will be published for pre-legislative scrutiny in the Spring. Separate arrangements will be developed for smaller bodies like parish councils.
Contact: Lindsay Machin / Tim Windle
CIPFA Press Office
t 020 7543 5600
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance.