Auditor Grant Thornton has launched a dedicated Local Government Advisory Practice to provide consultative services to local authorities, Police bodies and fire and rescue organisations.
The practice is designed to complement existing public sector advisory services provided by the firm, which claims to have expertise on infrastructure and transport, regeneration and housing, forensic investigation and business risk services.
It intends to build on this expertise to offer a bespoke and solutions-driven approach to its clients.
“I am excited by this opportunity and confident that the team will be able to provide distinct added value to our clients and support them in the significant challenges they face over the short to medium term,” claimed Guy Lifton, head of the Local Government Advisory.
The team is set to assist clients in the provision of financial management and accounting advice, review and develop medium-term financial plans and strategies, financial resilience health checks and governance reviews.
It also intends to help local government in its collaboration activity, including options appraisal, business case development and review, due diligence, business planning advice and collaboration health checks for models such as shared services, establishment of local authority trusts, companies and mutual spin offs.
“Our investment in this team confirms the priority and importance that Grant Thornton places on the public sector and is in response to our clients request for additional support in navigation the financial challenges faced by the sector,” claimed Paul Dossett, partner and head of local government at the firm.