Why agreeing the balance sheet split early matters
ArticleAgreeing balance sheet splits early is critical to ensure financial stability, budgets, enable audits, and secure sustainable outcomes for new unitary councils.
12 Dec 2022 1 min read
The sector's ongoing focus on efficiency, and other priorities, such as net zero and local growth, mean that local government procurement has a rare opportunity to make a difference to the wider government agenda.
Our latest review of auditor reports shows that not all councils have the right governance arrangements in place, or deploy the appropriate skills and resource. Where things go wrong there are potentially significant risks to public money and service delivery.
The analysis sets out five key themes for ensuring good practice:
Download the report to find out what you can learn from our review.
For more insight and guidance, get in touch with Paul Dossett or Guy Clifton.
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Agreeing balance sheet splits early is critical to ensure financial stability, budgets, enable audits, and secure sustainable outcomes for new unitary councils.
Outcomes from the latest public interest reports show that many local authorities are still falling short of auditor standards.