Gordon Brown may object to the views of the
Group of Finance Directors on tax issues, but he has paid it the ultimate
compliment in opting to emulate the group in a public sector format.
The government’s top FDs are to meet as part of a new group – dubbed the
‘Government Hundred Group’ – to improve government accounting from next month.
Up to 130 of those controlling the largest sums of public money, including
not just Whitehall FDs but also FDs of the BBC and the Bank of England, will
meet as part of a group to share best practice as well as promote bright finance
directors coming through the system. Mary Keegan, the head of the government
accountancy service, reveals the move in a rare interview in Accountancy Age
‘We all come from very different backgrounds to share best practice, and in
part as a support community. It will be a way we as a community can develop
bright people coming through, talk about career opportunities,’ she says.
Zarin Patel, from the BBC, will be there as will Warwick Jones from the Bank
of England. Sir David Tweedie is set to give a speech about IFRS to the group in
In the interview she also makes revealing comments about IFRS and bringing
PFI onto the government’s balance sheet, and discusses ongoing issues with
public sector accounts.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy
A senior MP has questioned the impact of HMRC’s decision to undertake yet another radical overhaul of its internal structure
The Apple Tax situation; Accountants replaced by robots; and The Accountancy Age Top 50+50; all discussed by head of editorial Kevin Reed