It remains unclear what portion of the £64m given by the UK government to the
Asian tsunami appeal could still be sitting in the bank accounts of UN agencies
and charities, the National Audit Office has said.
The NAO commended the speed of the government’s response but questioned what
had happened to all the money.
In its report on the provision of aid relief, the NAO said it would now try
to find out what happened to the unspent cash and would seek refunds ‘where
Sir John Bourn, the head of the NAO, said the government should have done
more to ensure proper account was made of the cash.
The government said organisations were now being asked to ‘fully account’ for
their spending and return unused cash.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Two new audit partners have been appointed at the firm BDO in its audit practice following continued growth and investment
Investment in people, tech and businesses impacts on EY's profit per partner figure
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned