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).


Telling the story of local authority financial statements

By Sarah Sheen, Technical Manager, Local Government Financial Reporting, CIPFA

CIPFA/LASAAC has issued its annual consultation to seek local authority and other key stakeholders views on the changes to the Code of Practice on Local Authority Accounting in the United Kingdom (‘the Code’).  CIPFA/LASAAC needs responses from local authority accounts preparers to ensure that the proposals for change represent the key transactions in local authority accounts and that these changes work on a practical level.  One of the main changes to be considered is the introduction of the new Fair Value Measurement Standard, IFRS 13.    

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Panel

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

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More results relating to 'Financial reporting'

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Members

CIPFA is one of the leading professional accountancy bodies in the UK and the only one that specialises in the public services. We offer financial qualifications and levels of membership that suit both individuals and employers.

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Banking

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.

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