Control roles
13 September 2012
Local authorities have come under fire for the way in which they handle internal audit.
Are such attacks fair? And how do they affect best value?
If I had a pound for every time someone has told me that local government internal auditing is at a crossroads, I would be a millionaire. But, despite all the developments, all the discussions, all the professional pronouncements from accountancy and auditing bodies and all the exposure drafts and control frameworks, internal audit has yet to fulfil its potential....