FINANCE

Harris under pressure to back slashing of audit requirements

The Financial Reporting Council’s (FRC) first director of local audit is facing increasing pressure to back the slashing of requirements amid a persisting council accounts backlog.

The Financial Reporting Council's (FRC) first director of local audit is facing increasing pressure to back the slashing of requirements amid a persisting council accounts backlog.

Neil Harris has demanded ‘higher standards and higher expectations of local authorities and auditors' but has also acknowledged a ‘need for more proportionality and better risk focus for local audit'.

Dan Peters

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