BUSINESS

CIPFA investigating Tandridge black hole

The Chartered Institute of Public Finance and Accountancy (CIPFA) is investigating how a huge black hole was discovered in Tandridge DC’s accounts, The MJ has been told.

The Chartered Institute of Public Finance and Accountancy (CIPFA) is investigating how a huge black hole was discovered in Tandridge DC's accounts, The MJ has been told.

In February 2020, it was discovered that selected cost lines appeared to have been removed from Tandridge's pensions-related budgets to the value of £920,500.

A hard-hitting September 2021 report by external auditors Grant Thornton made 15 recommendations, which were accepted and implemented by the council.

Tandridge leader Catherine Sayer said: ‘No further action was possible for the council as those involved had already left its employment.

'However, the issue was referred to CIPFA for its consideration as the professional body.

‘We've had a response from CIPFA to say that the £920k pension error remains subject to ongoing investigation.

'I believe it is due to be considered by its investigations committee.'

BUSINESS

'Maxing out' council tax will be challenging, says Mapley

By Heather Jameson | 25 June 2025

It will be ‘challenging’ for communities to see council tax ‘maxing out’ as the Government pledges to keep income tax low, finance expert Owen Mapley has said.

BUSINESS

War of words over Surrey CC reorganisation plan

By Dan Peters | 14 May 2025

Opposition Surrey CC members have argued a plan for two new unitary authorities in the county was based on ‘inconsistent, incomplete and flawed data’.

BUSINESS

Reforming and transforming

By Heather Jameson | 24 April 2025

As councils rush towards reorganisation, what are the lessons from past redesigns? Heather Jameson reports from a webinar hosted by Penna, CIPFA and The MJ –...

BUSINESS

EXCLUSIVE: Rayner drops Brum inquiry plan

By Emily Twinch | 09 April 2025

Angela Rayner has dropped government plans for a statutory inquiry that would have investigated Labour-run Birmingham City Council's failed rollout of an IT ...

Dan Peters

Popular articles by Dan Peters