MoD accounts qualified for seventh time in a row as leasing issues remain

Accounting Standards MoD accounts qualified for seventh time in a row as leasing issues remain

8y Kevin Reed, Writer

MoD accounts qualified for seventh time in a row a...

Following international accounting standards for leasing one battle too many for the MOD Read More...

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Error in Department for Education’s financial statements ‘material and pervasive’

Accounting Standards Error in Department for Education’s financial statements ‘material and pervasive’

8y Calum Fuller, Reporter

Error in Department for Education’s financial stat...

National Audit Office report critical of Department for Education's financial statements, amid huge expansion of academies across England Read More...

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Government policymakers lack financial literacy - ACCA

Accounting Standards Government policymakers lack financial literacy - ACCA

9y Richard Crump, Writer

Government policymakers lack financial literacy - ...

Government accounting hamstrung by lack of financial literacy among policymakers, ACCA report finds Read More...

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CIPFA urges stricter open-book contract rules to halt outsourced scandals

Accounting Standards CIPFA urges stricter open-book contract rules to halt outsourced scandals

9y Chris Warmoll, Writer

CIPFA urges stricter open-book contract rules to h...

Compulsory open book contract management (OBCM) should be implemented when delivering significant public services through private companies Read More...

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Self-assessment receipts boost government coffers

Personal Tax Self-assessment receipts boost government coffers

9y Kevin Reed, Writer

Self-assessment receipts boost government coffers

UK surplus climbs in January, as self assessment receipts higher than last year Read More...

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Scottish Police Authority audit quality panned

Audit Scottish Police Authority audit quality panned

9y Chris Warmoll, Writer

Scottish Police Authority audit quality panned

Unqualified 2013/14 accounts criticised while attention drawn to the poor quality of several aspects of the SPA's accounting records Read More...

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

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

9y Chris Warmoll, Writer

Accounts qualified for 1,000 ‘small bodies', repor...

The Audit Commission dismayed at decline in quality of reporting for ‘small bodies' such as parish councils and Internal Drainage Boards, which spend ...

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Governments told to grasp nettle on accrual accounting

Accounting Standards Governments told to grasp nettle on accrual accounting

10y Richard Crump, Writer

Governments told to grasp nettle on accrual accoun...

Governments failed to address deficiencies in public sector cash-based accounting that were exposed by the sovereign debt crisis Read More...

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Colin: Will new head of financial control at GCHQ be called M

People Business Colin: Will new head of financial control at GCHQ be called M

10y Richard Crump, Writer

Colin: Will new head of financial control at GCHQ ...

Colin might decide against going for this job advertised Accountancy Age Read More...

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UK public wants parliamentary Budgets balanced

Corporate Governance UK public wants parliamentary Budgets balanced

10y Kevin Reed, Writer

UK public wants parliamentary Budgets balanced

Most UK adults want government to balance budgets over five years or less Read More...

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NEST Corporation accounts qualified after £1.4m fraud

Corporate Governance NEST Corporation accounts qualified after £1.4m fraud

11y Taha Lokhandwala

NEST Corporation accounts qualified after £1.4m fr...

The trustee body that runs the National Employment Savings Trust (NEST), has been defrauded out of more than £1.4m, and has had its accounts qualified...

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Auditor general disagrees with MoD accounting

Accounting Standards Auditor general disagrees with MoD accounting

11y Rachael Singh, Writer

Auditor general disagrees with MoD accounting

Comptroller and auditor general qualifies accounts for fourth year after disagreements on impairment and lease charges Read More...

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"Stark" challenge ahead for government finance staff

Corporate Governance "Stark" challenge ahead for government finance staff

11y Kevin Reed, Writer

"Stark" challenge ahead for government finance sta...

Government finance managers, and departmental FDs, need to step up another gear to drive departmental reform and savings Read More...

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MPs want government's accounts to be more meaningful

Accounting Standards MPs want government's accounts to be more meaningful

11y Kevin Reed, Writer

MPs want government's accounts to be more meaningf...

Public Accounts Committee describes Whole of Government Accounts as "elaborate", and must be made more useful Read More...

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AS2012: Government book-keeping change adds £70bn to the deficit

Politics AS2012: Government book-keeping change adds £70bn to the deficit

11y Richard Crump, Writer

AS2012: Government book-keeping change adds £70bn ...

Chancellor says government is moving Bradford & Bingley and Northern Rock debt onto its balance sheet during Autumn Statement Read More...

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Argument erupts in parliament committee over draft audit bill

Audit Argument erupts in parliament committee over draft audit bill

11y Rachael Singh, Writer

Argument erupts in parliament committee over draft...

A parliamentary committee heard evidence of pitfalls and gaps in a local audit draft bill Read More...

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Lack of quality data hinders government's budgeting

Corporate Governance Lack of quality data hinders government's budgeting

11y Kevin Reed, Writer

Lack of quality data hinders government's budgetin...

Government departments need to better align budgeting and planning, says NAO Read More...

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Accounting rules must not impede business bank's creation

Accounting Standards Accounting rules must not impede business bank's creation

12y Richard Crump, Writer

Accounting rules must not impede business bank's c...

Think tank urges government to change accounting rules to keep loans needed to create state-backed investment bank off the country’s balance sheet Rea...

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"No basis" for MPs to offset accountants against tax bill

Corporate Tax "No basis" for MPs to offset accountants against tax bill

12y Calum Fuller, Reporter

"No basis" for MPs to offset accountants against t...

Advisors say there is "no basis" under which MPs can claim against the cost of hiring accountants, following a dispute between HMRC and IPSA over the ...

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Tax inspectors in MPs’ expenses dispute

Corporate Tax Tax inspectors in MPs’ expenses dispute

12y Calum Fuller, Reporter

Tax inspectors in MPs’ expenses dispute

The taxman and the Independent Parliamentary Standards Authority have clashed over MPs' business costs Read More...

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McBrides named as UKTI advisor for inbound business

Accounting Firms McBrides named as UKTI advisor for inbound business

12y Richard Crump, Writer

McBrides named as UKTI advisor for inbound busines...

Any business which approaches the UKTI with a view to setting up or expanding within the UK will be referred to a panel of accountants Read More...

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Cameron - who has the most important job of all?

People In Practice Cameron - who has the most important job of all?

12y Accountancy Age

Cameron - who has the most important job of all?

Bobby Lane believes accountants have done more than the government in helping nurture and protect businesses Read More...

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Come on Cameron, cut out the accounting commentary

People In Practice Come on Cameron, cut out the accounting commentary

12y Kevin Reed, Writer

Come on Cameron, cut out the accounting commentary

Throwaway comments about the profession are harmful. So stop it please, says Accountancy Age Read More...

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Cameron: Government 'not a bunch of accountants'

Accounting Standards Cameron: Government 'not a bunch of accountants'

12y Kevin Reed, Writer

Cameron: Government 'not a bunch of accountants'

Sorting out government finances not just a business turnaround exercise, says the prime minister Read More...

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2,000 senior public staff paid through companies

Corporate Tax 2,000 senior public staff paid through companies

12y Kevin Reed, Writer

2,000 senior public staff paid through companies

Hundreds of senior public sector staff are paid through companies, despite working in their department for more than a year Read More...

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Government FDs should reveal limited company officials

Corporate Tax Government FDs should reveal limited company officials

12y Kevin Reed, Writer

Government FDs should reveal limited company offic...

Treasury looks to ascertain the number of senior government officials working through limited companies Read More...

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Government wrote off £10.9bn in unpaid tax in 2010

Audit Government wrote off £10.9bn in unpaid tax in 2010

12y Richard Crump, Writer

Government wrote off £10.9bn in unpaid tax in 2010

The Public Accounts Committee, chaired by Margaret Hodge, published the first audited Whole of Government Accounts Read More...

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