188体育

This impact assessment quantifies the costs and savings associated with the government鈥檚 programme of reforms to local audit set out in the Local Audit and Accountability Act. This includes abolishing Comprehensive Area Assessment, outsourcing the Audit Commission鈥檚 in-house audit practice, abolishing the Audit Commission and establishing a new decentralized local audit framework.

It incorporates the most recent cost data available from the Audit Commission, including its anticipated reductions in fee levels. As a result the impact assessment shows that government is on track to achieving savings to the taxpayer of 拢759 million over 5 years (2012 to 2017) and an estimated 拢1.3 billion (increased from 拢1.2 billion) over 10 years.