Category Archives: KPMG

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Posted by

Posted on

15 Oct 2016

Posted under

Accountability, Audit (EDDC), EDDC, Freedom of Information Act, KPMG, Section 106, Transparency

External auditor holding up EDDC final accounts

“Whilst our audit work on the financial statements and VFM conclusion is almost complete, as set out above, we have received a formal objection from a local elector.

We are in the process of considering this objection, which relates to the Council’s approach to recording and obtaining receipt of monies due to it from developers through agreements under s106 of the Town & Country Planning Act 1990.

If we are able to conclude this work before the end of the month then, subject to the outcome of this, we anticipate issuing our audit report by the 30th September for the Council to publish audited financial statements.

If, however, the work extends beyond this timescale then we will have to withhold our audit certificate within the audit report until the work on the objection has been completed.”

Click to access 220916-agenda-item-8-combined-reports.pdf

(pages 121 and repeated on page 131)

Almost certainly related to this:

https://eastdevonwatch.org/2016/09/13/eddc-and-its-section-106-black-hole/

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Posted by

Posted on

13 Jun 2016

Posted under

Accountability, EDDC, KPMG, Transparency

Auditors KPMG (EDDC new external auditor) resigns as FIFA auditor

KPMG recently replaced Grant Thornton as external auditor to East Devon District Council.

“Fifa has welcomed the decision by its financial auditor KPMG to resign. The break in a decade-long relationship was announced Monday, months after KPMG said it would review its work with football’s scandal-hit world governing body.

In a statement, Fifa said it “welcomes this change as it gives the organisation the opportunity to work with a new audit firm.” It also noted “serious allegations involving financial transactions outlined by the Swiss and US authorities” who are investigating corruption implicating top football officials worldwide.

In a wide-ranging reform of its management structure, Fifa is looking to appoint an auditor plus finance and compliance officers. Fifa fired its finance director Markus Kattner last month after 13 years’ service over irregular bonus payments, worth millions of dollars.”

http://gu.com/p/4yx7f