Financial Management and Governance in Community and Town Councils 2013-14
This report considers the progress made by local councils to address these weaknesses and highlights areas the Auditor General will focus on for the audit of the 2015-16 accounts.
Since 2011-12, local councils in Wales have made progress to improve their financial management and governance. This is evidenced by improvements in the timeliness of preparing the accounts and a continued reduction in the number of qualified audit opinions. However, the number of qualified audit opinions and failures in financial governance remains too high.
