MPs said: ‘The available evidence suggests that a large number of departments are experiencing considerable difficulties with their dry-run resource accounts.’ Delays in submitting shadow resource accounts meant the National Audit Office was able to audit only six of 53 departments’ accounts by the deadline and only 14 by the end of 1999 – four had to be qualified. In hearings, chief Secretary Andrew Smith said he has not ruled out keeping existing cash accounts going and ‘that the government will not discontinue the existing form of appropriation accounts without the agreement of this committee’. Dry-run accounts have been prepared as part of the Government Resource and Accounts Bill, which is set to bring commercial accounting methods to central government departments.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast