BUSINESS

LGA: External audit firms need to address their shortcomings

Town hall leaders have said external audit firms ‘need to address their shortcomings’ to improve the timeliness of audits.

Town hall leaders have said external audit firms ‘need to address their shortcomings' to improve the timeliness of audits.

Figures published last week by Public Sector Audit Appointments (PSAA) showed that just 9% of local government bodies' 2020-21 audits were completed by the end of September target date despite more than 80% of councils submitting their draft accounts by the end of July.

Dan Peters

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