practitioner briefing note on asset and liability recognition in PCC and chief constable accounts


This note is provided by CIPFA’s Police Panel as a briefing for practitioners in response to questions received on the recognition of assets and employees in the Police and Crime Commissioner and Chief Constables accounts.

CIPFA’s Local Authority Accounting Panel has previously issued LAAP Bulletin 95 Accounting for the Impact of Police Reform which provides definitive guidance on accounting for Police Reform. This briefing note is intended to help practitioners in applying the requirements of the LAAP Bulletin and reflect developments and discussions since the LAAP Bulletin, but in the case of any conflict or contradiction the LAAP Bulletin should be relied upon as the authoritative source of guidance.