Audit Commission prepares for privatisation

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The Audit Commission is preparing to reconfigure itself as an employee-owned organisation offering audit services to the public sector. Gareth Davies has been named as managing director of audit practice to lead the transition.

Communities minister Eric Pickles announced on 13 August that the Audit Commission would be scrapped and a new auditing framework would be developed to ensure councils and local health bodies will still be subject to robust auditing.

Davies has 23 years’ experience of public audit and was the commission’s MD for local government housing and community safety since 2007. If he is successful in creating a turning the 2,000-strong commission private, it will compete with existing accountancy firms for audit work among public sector bo...

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Gina Dyer
Deputy Editor
Sift Media
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