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ICAS names global rising stars competition winners

ICAS names global rising stars competition winners

MHA promotes international tax specialist to partner

MHA promotes international tax specialist to partner

FRP Corporate Finance advises on South Shields deal

FRP Corporate Finance advises on South Shields deal

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National Audit Office

This coverage reports on the National Audit Office (NAO) and its role in scrutinising public spending, audit quality, and governance across the UK public sector. We cover NAO reports, inquiries, and guidance that affect local authorities, government departments, and public bodies, alongside analysis of their implications for accountants and finance leaders. Editorial reporting under this tag examines how NAO findings shape debate on transparency, accountability, and value for money, and how they influence audit practice across both the public and private sectors. For CFOs, finance directors, and practising accountants, this coverage provides insights into the NAO’s work and its wider impact on standards, compliance, and financial management in the UK.

National Audit Office

This coverage reports on the National Audit Office (NAO) and its role in scrutinising public spending, audit quality, and governance across the UK public sector. We cover NAO reports, inquiries, and guidance that affect local authorities, government departments, and public bodies, alongside analysis of their implications for accountants and finance leaders. Editorial reporting under this tag examines how NAO findings shape debate on transparency, accountability, and value for money, and how they influence audit practice across both the public and private sectors. For CFOs, finance directors, and practising accountants, this coverage provides insights into the NAO’s work and its wider impact on standards, compliance, and financial management in the UK.

Streamline reporting requirements for small public bodies, says NAO 

Streamlining governance and audit requirements for small public bodies would allow the…

NAO appoints two executive directors

The National Audit Office (NAO) has announced the appointment of Verity Prime and Laura…

NAO refuses to sign off gov accounts over ‘severe’ council audit backlogs

The National Audit Office (NAO) has refused to sign off this year’s government accounts over…

HMRC losing ‘billions’ due to small business tax evasion, NAO finds

The UK is losing billions of pounds a year in revenue due to tax evasion among small…

FCA needs to ‘manage risk’ to meet commitments, NAO warns

The Financial Conduct Authority (FCA) is making significant changes in response to its new…

Tax dodging cost HMRC £9bn during Covid, says NAO

HMRC’s compliance work generated around £9bn less tax revenue than normal during the…

Less than 50% of local authorities completed audits in 2020, NAO says

The National Audit Office (NAO) has reported that less than half of local councils, local…
Exchequer urged to better understand green taxes

Exchequer urged to better understand green taxes

The National Audit Office (NAO) has claimed that the treasury and HMRC have only a limited…

NAO publishes guidance for audit committees on cloud services

The National Audit Office (NAO) has published its latest guide outlining cloud services and…

NAO seeks consultation on audit code of practice update

The National Audit Office (NAO) is consulting on the code of practice for auditors of local…
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