From:                                   Better Governance Forum <cipfa@email.cipfa.org.uk>

Sent:                                    19 May 2020 11:51

To:                                        Pitt, Joanne

Subject:                                Governance News 19 May 2020

 

 

 

Better Governance Forum
Newsletter

19 May 2020

 

Events

Our Webinars

Assurance over Property and Asset Risks - Introductory Webinar

Joint webinar with CIPFA Property

20 May

Assurance over Property and Asset Risks Webinar

In-depth webinar on key aspects of property and asset management and their audit. Joint webinar with CIPFA Property

3 June

Local Government Conference 2020 - The future of local government post COVID-19

Free webinar

21 May

CIPFA and the IASAB Update for Internal Auditors

Free webinar. Speakers: Simon Edge Chair of the IASAB and Diana Melville.

22 May

Annual Governance Statements For 2019/20

This is a repeat of the webinar held on 6 May. Free to BGF subscribers.

27 May

Assurance over Financial Resilience

9 June

BGF Home

News of the week


Conformance with the PSIAS during the coronavirus pandemic

New guidance for internal auditors published by the Internal Audit Standards Advisory Board

CIPFA and the other Relevant Internal Audit Standard Setters have endorsed new guidance to internal auditors working under the UK Public Sector Internal Audit Standards. The new guidance will support internal auditors during the coronavirus pandemic, helping them to maintain conformance with PSIAS as they adjust their audit plans and priorities.

Internal Audit Standards Advisory Board

Read more>>


News Roundup

Audit

New FAQs on CIPFA Covid resource hub

New FAQs have been added covering issues relating to internal audit and the AGS.

CIPFA

The IIA Releases New Practice Guide: Developing a Risk-based Internal Audit Plan

The practice guide is categorised as ‘supplemental’ guidance.

Global IIA

Evolving Cyber Risks in a COVID-19 World

A resource to support your evaluation of cyber risks in today’s environment.

Global IIA

Governance

Whiteman warns against public borrowing ‘overreaction’

Speaking to the Public Accounts Committee, Whiteman said he would welcome some changes to the system, including to CIPFA's Prudential Code, but warned against an overreaction.

Public Finance

Risk

London mayor critical of government’s TfL funding package

Income from fares had dropped by 90% since lockdown was imposed leaving the service needing emergency funding to avoid a s114 report.

Public Finance

Care-home provider warns sector is on ‘cliff edge’

Care homes could be forced to close if councils cannot meet the ballooning costs caused by the coronavirus outbreak, the head of a care-home provider has warned.

Public Finance

Council leaders call for £5bn income guarantee backed by Treasury

Deferral of council tax payments and growing cost pressures are two examples of the factors impacting councils’ fears of issuing a section 114 notice.

Public Sector Executive

Charities call for 'vital' early intervention funding to safeguard children

Funding cuts to children's services have left councils unable to cope with the current crisis, charities have warned.

LocalGov

Looking ahead to a second pandemic wave: building future resilience

Organisations should learn from their response to COVID-19, evaluate the new risk landscape, and ensure that their crisis plans meet the current threat level.

Continuity Central

The UK economic outlook is grim

CIPFA's chief economist Jeffrey Matsu explores the state of the UK economy as it attempts to weather the storm of Covid-19.

Public Finance

 

CIPFA News and Training

CIPFA Coronavirus Resources

Responding to COVID-19: insight, support and guidance. Read more >>

Support for Audit Committees

CIPFA offers a range of services to support audit committees. Our web page brings together all our resources and services into one place.

For more information on in-house training or advisory support for your audit committee please contact Customer Services .

External Quality Assessments

CIPFA offers an EQA service to evaluate internal audit conformance to the PSIAS and Local Government Application Note. For more details see the website.

 

Publications

Better Governance Forum Advisors

Diana Melville
+44 (0)1722 349398
diana.Melville@cipfa.org

 

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