7 ms·
Even as an accountant it is very hard to understand local authority accounts. They are usually three years late and poorly presented. Also most of their spend i
by jsmith99 3y ago
Even as an accountant it is very hard to understand local authority accounts. They are usually three years late and poorly presented. Also most of their spend is either recharged to central government or mandatory; discretionary spend is a very small part of the budget.
By contrast, central government accounts in the UK are excellent.