Public Sector

Financial report

Public sector audit work improves for 2011/12

Audit Commission finds there have been improvements in the standard of financial reporting at local bodies

14 Dec 2012

National Audit Office

Lack of quality data hinders government's budgeting

Government departments need to better align budgeting and planning, says NAO

18 Oct 2012

CIPFA chief Steve Freer to step down

Steve Freer to leave CIPFA within the next 12 months, after 12 years of service

01 Oct 2012

Institutes launch public sector audit review

CIPFA and IIA launch consultation on first set of public sector internal audit standards

17 Jul 2012

Big firms scoop up Audit Commission work

Grant Thornton picks up four Audit Commission contracts - DA Partnership picks up just one deal

05 Mar 2012

KPMG: UK fraud hits record high in 2011

Management fraud soars 74 per cent, leaving investors vulnerable, according to figures by Big Four firm

30 Jan 2012

New entrants set for Audit Commission bidding

Audit commission bosses cite "high interest" among potential new players to the market

30 Aug 2011

CIPFA: Off-balance sheet government borrowing must stop

CIPFA says government must avoid shifting debts off balance sheet through PFI and prioritise value for money

19 Aug 2011

Broader approach needed to understand public finances

Pension Corporation calls for more assets and liabilities to be included in public sector finance calculations

15 Jul 2011

CIPFA clashes with government over council spending

CIPFA and government disagree over accounting for 'austerity' spending cuts

06 Jul 2011

Governance and accountability 'weak' in public audit

Heads of local government audit said public audit committees are weak at accountability and good governance

11 May 2011

Consulting picks up after 2009 slump

Consulting industry halts contraction

03 May 2011

Is the Big Society too big for public audit?

The Audit Commission will soon breathe its last, and the question of how to make public audit appointments in future is being fiercely debated

13 Apr 2011

Whitehall blasted for poor financial management

Spending watchdog says financial management and accountancy skills not at the 'heart' of managing deficit

03 Mar 2011

Local government audit fees cut

Audit Commission looks to lower audit fees

01 Mar 2011

Audit Commission off RSM Tenon's radar

RSM Tenon chief Andy Raynor rules out Audit Commission purchase, suggesting an MBO would be the commission's best option

24 Feb 2011

2013 abolition timetable for Audit Commission

Parliamentary timetables mean the auditor of local government could still be working until 2013

24 Feb 2011

Charity accounting risks bank covenant breach

New standards for charities and universities could cause banking covenant breaches, warns PwC

23 Feb 2011

CIPFA resources director made redundant as institute cuts costs

Public sector accounting institute has made resources director Chris Harris redundant as it looks to cut costs

11 Feb 2011

Council CFOs struggling with lower budgets

CIPFA survey finds local authority CFOs doubt they can make the changes needed to run on reduced budgets

09 Feb 2011

Page 2 of 16

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This web seminar will explain how finance directors can monitor and understand the various financial costs of staff turnover

Leader: KPMG's SME move part of a worrying change to small practice landscape

KPMG's foray into the SME market will likely succeed, but it must convince clients it will ‘care' in the same way a ‘local' practice would

The Practitioner: Mastering a merger

The Practitioner calls for senior staff to step up to the plate: as clandestine merger meetings take place

The Practitioner: 'Tis the season to tidy up

The Practitioner lets loose with 'Deskgate', after losing the plot over yet another untidy area...

david-and-goliath-img

David vs Goliath? Small practitioners pick apart KPMG's SME move

Storm erupts after Big Four firm announces it will take on high-street accountants and the mid-tier accountancy firms that focus predominantly on SME market

Colin: Captain Obvious joins the Lib Dems

Colin wonders what other bleeding obvious policies the Lib Dems will announce in the run-up to the election

Colin: Uber tax, Uber problems

Colin wonders whether Uber's customers could perhaps operate their tipping system in the same manner that the minicab business operates its app

Taking Stock: Multi-marathon men make a move

Loadsa marathons, and loadsa numbercrunchers doing the hard yards...

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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.