As of March 14, 2024, the Association of Chartered Certified Accountants (ACCA) is actively backing efforts to address the backlog in local authority audits. The focus is on resolving the reasons behind the backlog, ensuring timely and accurate financial reporting for local government bodies. This initiative aims to enhance transparency, accountability, and effective financial management within local communities.
Reference: You can find more details about this news on the ACCA Global News page.
This news highlights ACCA’s commitment to supporting efficient and reliable financial processes at the local level, ultimately benefiting citizens and public services.