Common Contracts
1 similar Memorandum of Understanding contracts
Memorandum of Understanding between the Financial Reporting Council and the Department for Levelling Up, Housing and CommunitiesMemorandum of Understanding • March 2nd, 2023
A strong, well-functioning local audit system is essential to maintain public confidence in transparent and accountable local democracy. Local authorities must be able to plan, manage their services and base their decision-making on accurate and reliable financial information. As Accounting Officer for local government, the Department for Levelling Up, Housing and Communities (DLUHC) is responsible for ensuring that local audit operates effectively. Local audit is vital to the proper exercise of DLUHC’s stewardship role in respect of local government and forms an integral part of the core local government accountability framework; through the audit and timely completion of the Whole of Government Accounts, it is also instrumental to assuring the public sector more broadly.
