An investigation into a £160m overspend for the Olympics in 2012 has found
the employee responsible for the budget was without a formal accounting
A committee investigating the overspend on the London Development Agency’s
£1.1bn budget found that of two accountants employed to check the accounts, only
one was qualified,
The London Assembly Economic Development, Culture, Sport and Tourism
committee demanded to know how the accountants had failed to spot the overspend.
In questioning both the LDA’s chief executive and chairman, it was revealed
that a qualified accountant oversaw the accounts on a day-to-day basis, while
the non-qualified accountant took overall responsibility for the budget.
"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
Engineering and technology executives have voiced concerns over the government’s industrial strategy and the need to fill the R&D funding and long-term investment gap in a post-Brexit Britain
This year’s Finance Act is 649 pages, the second longest recorded, and highlights the increasing complexity for taxpayers of an ever expanding tax code
The International Integrated Reporting Council (IIRC) and the CIPFA have launched an introductory guide for leaders on integrated thinking and reporting