financial reporting

All organisations must develop robust systems for financial reporting. CIPFA helps organisations make improvements that take into account changes to legislation including the International Financial Reporting Standards (IFRS).

Mission impossible? Creating clear and complete financial reporting

By Alison Scott, Assistant Director, CIPFA Policy and Technical

Do we public sector accountants have an impossible job? When was the last time you took time out to think about what you are trying to achieve through financial reporting? Too often as professionals we either immerse ourselves in the technical or complain about the complexity of local government accounts and query how the public and other stakeholders can ever be expected to understand. The reality is that we need both the detailed complex accounting standards and to meet the needs of our stakeholders if we are ever to show the strong governance required where public money is concerned.

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The CIPFA Financial Management Panel is a functional, cross-sectoral panel that reports to CIPFA’s Public Finance and Management Board.

The panel focuses on the principles of financial management that apply across the whole of the public services and on identifying actions to achieve improvements in financial management.

Financial Management Panel


Reed Finance: Financial Accountant

GBP35000 - GBP40000 per annum + : Reed Finance: Reed Finance continue to support a market leading manufacturer who are in need of a Financial Accountant to help grow their business.Reporting into the Financial Controller, duties will include:* Preparation of monthly accounts for review by Financial Con Maldon

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The banking benchmarking club examines the transactional volumes and processing costs for all methods of receiving and making payments wherever they occur in the organisation. This enables informed comparisons to be made of the overall cost to an organisation of handling and managing its cash inflows and outflows and also highlights differences of approach.