Accuracy of financial forecasting

Our comparative profiles use the latest CIPFA/DCLG Revenue Account (RA) and Revenue Outturn (RO) data, presenting it in simple, easy-to-read charts that show how your budgeted service expenditure compares to your actual expenditure, and also how your levels of budget accuracy compare with other authorities.

Pre-order your 2014/2015 profiles now!

Our comparative profiles enable you to examine how the accuracy of your budgeting process compares to your peers, providing key decision-makers with a quick, inexpensive way to bring together recent Revenue Account and Revenue Outturn data, to support evidence based decision-making.  The 2014/15 edition of these profiles will be released in December, shortly after DCLG publish the 2014/15 Revenue Outturn statistics.

What do we look at?

The profiles look at the following key areas:

  • overall income and expenditure
  • education services
  • social care, adults and childrens
  • public health 
  • highways and transport
  • housing services
  • environmental and regulatory services
  • cultural and related services
  • planning and development
  • central services.

What are the benefits?

There are a number of benefits from signing up:

  • professional reports from a trusted source
  • no additional work required as they draw on data returns already made
  • it will help you to understand your services better
  • spotting potential areas for savings and improvement
  • identifying authorities who are performing well
  • it saves you time and money on analysing the data yourself
  • evidence for performance assessments
  • understanding your figures better before finalising your next RO return
  • getting involved and helping us develop the profiles to be even better.

What do I get by ordering?

You will be provided with an Accuracy of financial forecasting profile pack, tailored to your individual authority and containing three sets of profiles, which compare your authority to:

  • All authorities across England
  • All other authorities within your region
  • Your nearest neighbour grouping as defined by the CIPFA Nearest Neighbour Model

In addition, you will receive an interactive Excel tool to enable you to analyse the data further and export charts for your own reports. You will also be able to request an additional profile compared with any selection of authorities at no additional charge.

For examples of what you will receive, check out our sample report.

How to order

Our Accuracy of financial forecasting profile pack for 2014/2015 is available for £250 + VAT for unitary and county authorities and £175 + VAT for district councils.

This profile is part of a small suite of the following three profiles:

  • Local authority budget - (£475 unitary/county, £325 district)
  • Local authority expenditure - (£475 unitary/county, £325 district)
  • Accuracy of financial forecasting - (£250 unitary/county, £175 district)

All three profiles together provide you with a comprehensive view of your budgeted costs, actual costs and the comparison between the budgeted and actual figures.  The three together can be purchased for a special price of £950 for a unitary/county or £650 for a district.  Discounts are also available for purchasing two of the three profiles.

Place your order online today.

The 2013/14 profiles are still available and can be ordered by following this link.

Contact us

If you have any queries please email:


XLS 4122 KB

Download now

Accuracy of Financial Forecasting_Sample

PDF 315 KB

Download now