Governance and accountability 'weak' in public audit

by Rose Orlik

More from this author

11 May 2011

  • Comments
CIPFA logo

LOCAL GOVERNMENT audit committees are weak in terms of public accountability and promoting good governance, a new survey has found.

Public finance institute CIPFA questioned heads of local government audit and found their confidence was lacking in these areas, with only 15% describing their public accountability as "very effective".

This compares to more than 50% who said they perform strongly in supporting internal and external audit processes.

CIPFA said the survey shows that committees should focus on developing interactions with partner organisations as well as good governance leadership and public accountability.

Assistant director Paul Mason said it "highlights those areas where audit committees are performing well, as well as those areas where improvement is needed".

The institute is holding its 2011 audit conference, 'Audit in a new era of change', in Brighton on 11 and 12 May.

Visitor comments

blog comments powered by Disqus
display:none

Add your comment

We won't publish your address


By submitting a comment you agree to abide by our Terms & Conditions

Your comment will be moderated before publication

Submit
  • Send

conservatoire-for-dance-and-drama

Finance-Director-part-time

Conservatoire for Dance and Drama, London, Permanent, Part Time, £60,000 pro rata

 

 

Newsletters

Get the latest financial news sent directly to your inbox

  • Best Practice
  • Business
  • Daily Newsletter
  • Essentials

Careers

Search for jobs
Click to search our database of all the latest accountancy roles

Create a profile
Click to set up your profile and let the best recruiters find you

Jobs by email
Sign up to receive regular updates with the latest roles suitable for you

Briefings

budget-management

Why budgeting fails: One management system is not enough

If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.

cchcover

iXBRL: Taking stock. Looking forward

In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.