PracticeConsultingEx-KPMG peer to lead government audit probe

Ex-KPMG peer to lead government audit probe

A former senior partner at KPMG has been appointed to lead a review of arrangements for audit and accountability for central government.

Lord Colin Sharman OBE, former senior partner at KPMG International, was made a life peer last year.

He will lead the review which will look into the modern government agenda, audit/valuation of performance measures, the implications of devolution, the wider European context, with particular reference to European directives affecting audit arrangements, possible models from other countries, and the relationship with other audit and regulatory bodies.

Andrew Smith, chief secretary to the Treasury, commented: ‘This is a great opportunity for parliament and the government to work together to make sure transparency and accountability go hand in hand with the modernising government agenda.’

He added: ‘I look forward to seeing the results of the review later this year.’

Government resists extension of audit watchdog powers

Related Articles

5 tips for SMEs to protect cash flow

Accounting Software 5 tips for SMEs to protect cash flow

5m Alia Shoaib, Reporter
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
Managing partner Q&A - the year ahead: Richard Toone, CVR Global

Accounting Firms Managing partner Q&A - the year ahead: Richard Toone, CVR Global

12m Kevin Reed, Writer
Deloitte 'self-imposes exile' on government contracts to defuse PM row

Accounting Firms Deloitte 'self-imposes exile' on government contracts to defuse PM row

12m Kevin Reed, Writer
Managing partner Q&A - the year ahead: Julie Adams, Menzies

Accounting Firms Managing partner Q&A - the year ahead: Julie Adams, Menzies

12m Kevin Reed, Writer
Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

Business Regulation Friday Afternoon Live: Deloitte's tech thing; PAC wants HMRC 'contingencies'; and Sports Direct

1y Kevin Reed, Writer
Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

Audit Friday Afternoon Live: HMRC complaints rise; Deloitte scoops big audits; and corporate reporting woes

1y Kevin Reed, Writer
New head of equity capital markets for KPMG

Accounting Firms New head of equity capital markets for KPMG

1y Stephanie Wix, Writer