Centre for Research into Accounting and Finance in Context CRAFiC is at the heart of the debate about the role of accounting and finance in the development of inclusive and sustainable societies You are here Home Centre for Research into Accounting and Finance in Context Our research Themes Projects Our impact Reports Impact cases Expertise People Partners News Audit costs for English councils more than tripled from 2022/23 to 2023/24 English Councils are now charged more than double Welsh and Scottish Councils per hour of additional audit work. In their new report, the Audit Reform Lab calls on Labour to beef up its plans for local audit regulation. 28 August 2025 Voluntary Local Review report published following knowledge transfer partnership with Basildon Borough Council 11 August 2025 Dr Abi O’Connor joins CRAFiC through the Leverhulme Early Career Fellowship scheme Abi O’Connor will join Sheffield University Management School’s Centre for Research into Accounting and Finance in Context to research a project titled ‘Following urban assetisation: a comparative theory of local state restructuring’. 5 June 2025 Reimagining Accounting and Finance: Doctoral Research Highlights from the 2025 Management School Doctoral Conference CRAFiC is proud to support critical, interdisciplinary and impact-driven research that addresses some of the most pressing questions in finance, accounting, sustainability and governance. 2 June 2025 View all CRAFiC news About About us News Connect Contact us People Study PhD study Postgraduate courses