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Eleventh Report - Local auditor reporting on local government in England

Public Accounts Committee HC 171 Published 14 July 2021
Report Status
Government responded
Conclusions & Recommendations
34 items (5 recs)
Government Response
AI assessment · 33 of 34 classified
Accepted 21
Accepted in Part 1
Acknowledged 6
Not Addressed 5
Government response
Treasury minutes: Government response to the Committee of Public Accounts on the Eleventh report from Session 2021-22 · published 28 Oct 2021
Read the government response ↗ Response on the Index
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Recommendations & Conclusions

1 item
33 Conclusion Accepted in Part

EY and Grant Thornton highlighted that the amount of work which firms were required to...

Conclusion
EY and Grant Thornton highlighted that the amount of work which firms were required to carry out in auditing local authorities looked nothing like that required in 2017, for example, in the additional work involved in valuing assets supporting pension … Read more
Government Response Summary
The government states it will work with stakeholders to identify opportunities to reduce accounting and audit requirements in less risky areas, which could partially address concerns about increased auditor workload. However, the response largely focuses on transparency and standardized statements, which is a misalignment with this specific conclusion.
HM Treasury
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