service reporting code of practice 2015/2016


Note that this consultation is now closed

CIPFA’s Local Authority Accounting Panel is now consulting on the 2015/16 CIPFA Service Reporting Code of Practice (SeRCOP) that will apply to accounting periods commencing on 1 April 2015. This is the sixth edition of SeRCOP (and its predecessor, BVACOP) to be prepared under IFRS.

The proposed changes to the Service Expenditure Analysis for England and Wales, detailed in the documents downloadable below, are required to reflect organisational and operational changes to services within authorities.

In summary, the main proposed changes to the SEA section of SeRCOP for England and Wales are as follows:

  • Adult Social Care (England) –which includes further additional financial data for each primary support reason relating to older people (65+). This will be expanded to Older people (65-74), Older people (75-84) and Older people (85+).
  • National Parks - Mandatory line “Forward Planning and Communities” to be split into two separate mandatory lines “Strategic Planning” and “Sustainable Communities”.
  • Highways and Transportation - a new discretionary line for Bus lane enforcement

We also welcome any other comments you have on the SeRCOP SEA.

The NON-SEA section of SeRCOP -The Definition of Total Cost introduces proposed changes to reflect the five new or amended standards introduced by the IASB in May 2011 ie:

  • IFRS 10 Consolidated Financial Statements,
  • IFRS 11 Joint Ventures,
  • IFRS 12 Disclosure of Interests in Other Entities,
  • IAS 27 Separate Financial Statements (as amended in 2011) and,
  • IAS 28 Investments in Associates and Joint Ventures (as amended in 2011), as introduced by the 2014/15 Code.

Download Consultation 2015/16 SeRCOP 
Download Service Expenditure Analysis for England and Wales 2015/16 
Download Definition of Total Cost 2015/16

The SEA sections for Scotland and Northern Ireland are overseen by LASAAC and the Best Value Steering Group for Northern Ireland respectively.

Webchat is available Monday to Friday, 09:00 - 17:00 (excluding UK bank holidays)