The move follows the recommendations of the Sharman Report on the scrutiny of government bodies and greater accountability for the use of public funds.
The new proposals will see Bourn become auditor of all non-departmental public bodies and have new statutory rights of access to bodies and individuals in receipt of government grants, registered social landlords, train operating companies and bodies and individuals contracted to provide goods and services to bodies audited by the C&AG.
The new powers will be provided by means of orders under the Government Resources and Accounts Act 2000 – on which the consultations are centred.
Responses have to be received by the Treasury Accounts Team by 24 October.
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