The Government has announced measures to tackle the backlog in the auditing of local bodies’ accounts, pending longer-term plans to fix local audit, expected this autumn.
Only 1 per cent of local bodies published audited accounts on time last year. Cllr Pete Marland, Chair of the LGA’s Economy and Resources Board, said: “We are pleased the Government has committed to overhauling local audit. There is an urgent need to restore confidence in the arrangements, and improve financial reporting. This needs to be progressed, with strong involvement from the local government sector.”
