APB issues guide for local government auditors
Local government auditors have received advice from the Auditing Practices Board in the form of a bulletin which provides guidance on reporting responsibilities.
Bulleting 2004/2, entitled Corporate Governance: Requirements of Public Sector Auditors, provides guidance on auditors’ review and reporting duties in relation to corporate governance disclosures as well as specific guidance to auditors of local government bodies that publish a statement on internal control (SIC).
The requirement to produce a SIC applies only to local government bodies in England.
Richard Fleck, APB chairman said: ‘Requirements for local government bodies in England to issue statements on internal control are new. I am delighted that APB has been able to issue guidance to auditors on such a timely basis and am grateful to the Audit Commission for their help.’