Council fraud levels ‘tip of the iceberg’

Council fraud levels 'tip of the iceberg'

The Audit Commission has admitted the level of detected fraud in local government is the tip of the iceberg and that it does not know the full extent of losses to the public purse.

It also slammed councils over lack of policies for countering fraud.

One in six do not have an anti-fraud strategy in place, while one in eight do not have a whistleblowing policy.

Revealing the results of the Commission’s latest annual local government fraud report this week, Sir Andrew Foster, controller of the Audit Commission, refused to speculate on the real level of fraud, instead concentrating on the level of uncovered fraud which had fallen for the first time in 10 years. He said: ‘Where money goes fraud will follow, and criminals have shown themselves to be very adaptable.’

The survey showed the amount of detected fraud had fallen from Pounds 104.4m in 1999 to Pounds 100.7m in 2000, but the number of cases had dropped dramatically from 206,000 to 145,000.

Links

Protecting the Public Purse is available on www.audit-commission.gov.uk.

Welsh Assembly is ‘exposed to fraud’

Share

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

2y Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2y Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

5y Accountancy Age

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2y Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article