Key financial risks to easycouncil business case

We asked our Financial expert Adrian Waite a number of questions.

1. “Have all relevant financial information has been included and considered ?”

Answer: “I do not consider that it is included in the reports that are available to me although more information may be available in sources that are not available to me.”

2. “Is all presented financial information is accurate, complete, supported and reliable?”

Answer: “I have no reason to doubt the accuracy of any of the information that has been provided. However, I do not think that all the conclusions that have been reached are adequately supported with complete information.”

3. “Are all assumptions applied to financial data, analysis, assessment and presented information is reliably supported and properly sourced?”

Answer:“I do not believe that all assumptions applied to financial data, analysis and assessment is reliably supported and properly sourced in the reports that are available to me.”

4. “Has relevant or critical financial information has been omitted?”

Answer: “It is difficult to prove a negative (in this case that information exists that has not been reported) but I do not consider that conclusions are adequately supported with data in the reports that are available to me.”

5. “Is the financial analysis in the model is robust, adequate and reliable

Answer: “I do not consider that the financial analysis is sufficiently robust. “The Council has not complied with the requirements of HM Treasury Green Book in the preparation of this Business Case.”

To view his full report click here