Two years ago we recognised that if we wanted to deliver a world class public audit service, we’d need to revise and improve the code. The challenge was to produce a code grounded in legislation and auditing standards but which could also be applied by auditors to the wider scope of  public audit  and the developing approach to the audit of Best Value.

Audit Scotland writes about revisiting and revising their auditing code to best create the audit of ‘Best Value’ in this insightful post. The revised code will make it easier for financial and performance auditors to work together, and requires auditors to provide conclusions on ‘financial sustainability, financial management, governance and transparency, and value for money.’

Read more at A stronger new code for auditors — Audit Scotland