All the updated news related to auditing

All the news related to auditing updated in real time

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City

Deloitte fined £1.45m by watchdog over Mitie Group audit

The accounting watchdog has fined Deloitte £1.45 million after failures in its audit of outsourcing giant Mitie Group. The Financial Reporting Council (FRC) also handed a £40,056 fine to John Charlton, who worked on the audit for the corporate ...

21 Apr 2022 at 09:25

Scotland

Auditor General expresses ‘frustration’ at lack of documents on ferry scandal

Scotland’s Auditor General has expressed his frustration at not being able to review all documentation relating the awarding of a contract for two ferries fraught with delays and overspends. A recent report from Audit Scotland found there was ...

21 Apr 2022 at 13:25

Scotland

Analysis of Covid business funding impossible due to data gap, watchdog finds

Analysis of how almost £5 billion of Covid-19 funding for business was distributed is not possible because of a data gap, a watchdog has said. The Scottish Government provided £4.4 billion in grant and business rates relief between the start ...

17 Mar 2022 at 01:25

Scotland

Tories to push for finance transparency at party conference

The Scottish Tories are set to unveil a Bill aimed at “opening the books” on the first day of their party conference in Aberdeen. The legislation would require the Scottish Government to publish an update to the budget every three months, ...

18 Mar 2022 at 01:25

Scotland

Tories to call for more ferry funding as watchdog reports on Ferguson Marine

The Scottish Tories are to call for an increase to ferry funding in a debate this week. The debate will push for long term financing for the ferry fleet, which the party’s transport spokesman, Graham Simpson, has said is “ageing and ever ...

21 Mar 2022 at 14:25

Northern Ireland

Fewer than half of RHI recommendations fully implemented, auditor reports

Fewer than half of the recommendations from the Renewable Heat Inquiry have been fully implemented, a new audit office report has found. Northern Ireland’s Comptroller and Auditor General Keiran Donnelly said it was “disappointing” that ...

22 Mar 2022 at 01:25

Government did not adequately record decisions on Covid contracts – watchdog

The Government has been accused of playing “fast and loose” with public money after a report found it did not “adequately” document key decisions when procuring Covid-19 tests. When the pandemic hit, ministers were forced to act ...

24 Mar 2022 at 01:25

Scotland

Nicola Sturgeon: Ex-Ferguson Marine staff can speak to watchdog about ferries

Ferguson Marine employees can speak to a watchdog over the issues experienced at the yard, Nicola Sturgeon has said. A report by Audit Scotland released last month found that the ferries would be delivered at least five years ...

28 Apr 2022 at 14:55

City

Water bosses ‘should have pay scrutinised’ after rivers found to be dirty

Water bosses whose companies dump sewage in the UK’s waterways should have their bonuses reined in, the head of regulator Ofwat has said. In a letter to company boards, David Black said they need to ensure chief executives ...

21 Feb 2022 at 13:55

Scotland

Sturgeon gives full backing to NHS recovery plan despite ‘unsustainable’ claim

Nicola Sturgeon has said the Scottish Government will not re-visit a recovery plan for Scotland’s NHS despite a report claiming the service was “not financially sustainable”. Audit Scotland warned of an “ever-increasing ...

24 Feb 2022 at 14:25

Call for people to be checked for silent health conditions linked to stroke

People are being urged to get checked for “silent” health conditions which have been linked to stroke. The Stroke Association said that around 55% of stroke patients have high blood pressure and 18% have an irregular ...

10 Mar 2022 at 01:25

Scotland

‘Still work to do’ on huge challenge of broadband rollout, says watchdog

There is “still work to do” by the Scottish Government to roll out high-speed broadband to the whole of the country, a watchdog has said. The Scottish Government originally promised the R100 programme would be ...

15 Mar 2022 at 14:25

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