PracticeAuditAudit Commission contracts opened to EU

Audit Commission contracts opened to EU

UK public sector audit formerly provided by the Audit Commission may be tendered out by the EU today

FORMER AUDIT COMMISSION contracts are expected to be tendered out today, in the next significant stage of winding down the canned public sector audit provider.

The Official Journal of the European Union will disseminate the tenders, which could range from NHS trusts to local drainage boards.

A commission spokesman said the body expects the release imminently, and is likely provide some comment. Yesterday, it proposed a work programme and scale of fees for the next two years, after which the 28-year-old public corporation may have ceased audit provision.

It revealed: “The commission is currently undertaking an exercise to outsource the work of its in-house audit practice, following the [abolition] announcement in August 2010. … We will publish the final work programme and scales of fees for 2012/13 in April 2012, when the outcome of the outsourcing is known.”

Related Articles

Accounts qualified for 1,000 ‘small bodies', reports Audit Commission

Audit Accounts qualified for 1,000 ‘small bodies', reports Audit Commission

3y Chris Warmoll, Writer
Council investigated by financial police after PKF audit report

Audit Council investigated by financial police after PKF audit report

3y Chris Warmoll, Writer
Last post sounds for Audit Commission as it bequeaths further savings

Audit Last post sounds for Audit Commission as it bequeaths further savings

3y Chris Warmoll, Writer
Power of audit debate shifts perceptions - marginally

Audit Power of audit debate shifts perceptions - marginally

3y Chris Warmoll, Writer
LGA creates new company to fill Audit Commission’s demise

Audit LGA creates new company to fill Audit Commission’s demise

3y Chris Warmoll, Writer
‘Rising concerns’ over NHS trusts' finances

Audit ‘Rising concerns’ over NHS trusts' finances

3y Naomi Rainey, Writer
FRC consults on local audit regulation

Audit FRC consults on local audit regulation

3y Richard Crump, Writer
Three firms pick up remaining Audit Commission work

Accounting Firms Three firms pick up remaining Audit Commission work

4y Richard Crump, Writer