The Lord Chancellor has said that the government is poised to shore up the
legislation governing the National Audit Office depending on recommendations
made by spending watchdogs.
Jack Straw told MPs that legislative time would be made available to enact
any changes in the statute books covering the NAO to improve governance
recommended by the Public Accounts Commission in the light of the controversy
surrounding Bourn’s expenses.
Deputy NAO chief Tim Burr has said he is willing to serve as comptroller and
auditor general only until any such reforms have been completed.
Simon Wright of CareersinAudit.com discusses how an effective cyber defence force is critical to businesses worldwide and how internal auditors can make the transition to a new career in cyber security
The FRC has said that the investigation will 'consider, but not be restricted to, issues regarding misstated accounting balances'
Craig Maxwell joins the audit and assurance team in Scotland
Stephen Grayson to join the audit department in Manchester