More than twenty of local government’s leading chief financial officers (CFOs) have met at the Chartered Institute of Public Finance and Accountancy’s (CIPFA) London headquarters to discuss the challenges facing councils beyond this week’s spending review.
The group, which met on Friday 15 October, included representatives of all of the different types of local authorities (districts, counties, unitaries, police etc) in England, Scotland and Wales.
Some of the key conclusions of the summit were:
Steve Freer, CIPFA’s Chief Executive, who chaired the CFOs’ summit, said:
“CFOs are under no illusions about the scale of the challenges which councils are going to face over the next few years. They realise that very tough decisions lie ahead and that these are likely to result in major change agendas in all authorities. Driving out savings whilst retaining the necessary capacity to deliver change projects successfully will be a critical balance for councils to strike.”
CIPFA press office
T: 020 7543 5600
1. CIPFA spokespeople, including Steve Freer, are available for interview on the Comprehensive Spending Review.
2. About CIPFA
CIPFA, the Chartered Institute of Public Finance and Accountancy, is the professional body for people in public finance. Our 14,000 members work throughout the public services, in national audit agencies, in major accountancy firms, and in other bodies where public money needs to be effectively and efficiently managed. As the world’s only professional accountancy body to specialise in public services, CIPFA’s portfolio of qualifications are the foundation for a career in public finance. They include the benchmark professional qualification for public sector accountants as well as a postgraduate diploma for people already working in leadership positions. They are taught by our in-house CIPFA Education and Training Centre as well as other places of learning around the world. We also champion high performance in public services, translating our experience and insight into clear advice and practical services. They include information and guidance, courses and conferences, property and asset management solutions, consultancy and interim people for a range of public sector clients. Globally, CIPFA shows the way in public finance by standing up for sound public financial management and good governance. We work with donors, partner governments, accountancy bodies and the public sector around the world to advance public finance and support better public services.