Codes of practice

Download our latest local authority accounting codes and related guidance

Our codes of practice and related guidance help local authorities in the UK to maintain the highest possible standards in financial reporting consistent with International Financial Reporting Standards (IFRS).

Code of Practice 2024/25 coverCode of Practice on Local Authority Accounting in the United Kingdom 2024/25

The Code is prepared under International Financial Reporting Standards (IFRS), which have been adopted as the basis for public sector accounting in the UK.


Code of Practice Disclosure Checklist 2023/24 cover thumbnail imageCode of Practice on Local Authority Accounting in the United Kingdom: Disclosure Checklist for 2023/24 Accounts

This annual publication is essential for finance practitioners in local authorities and external audit agencies and firms in England, Scotland and Wales.



Code Guidance Notes cover

Code of Practice on Local Authority Accounting in the United Kingdom: Guidance Notes for Practitioners – 2023/24 Accounts

These guidance notes provide practical support with the preparation of the year-end accounts. This version includes detailed guidance on the key accounting changes introduced by the 2023/24 code.


Service reporting code of practice coverService Reporting Code of Practice for Local Authorities 2024/25

SeRCOP is prepared in accordance with the requirements of the Code of Practice on Local Authority Accounting in the United Kingdom. This code establishes proper practices with regard to consistent financial reporting for services.


Other CIPFA Codes

Prudential Code 2021 editionPrudential Code for Capital Finance in Local Authorities

The framework established by the Prudential Code should support local strategic planning, local asset management planning and proper option appraisal. The objectives of the Prudential Code are to ensure, within this clear framework, that the capital investment plans of local authorities are affordable, prudent and sustainable.

Treasury Management Code 2021 editionTreasury Management in the Public Services: Code of Practice

The Treasury Management Code has been developed to meet the needs of local authorities (including PCCs and fire authorities), registered social landlords, further and higher education institutions, and NHS trusts, in order to provide a clear definition of treasury management activities.

Financial Management CodeFinancial Management Code

The Financial Management Code (FM Code) provides guidance for good and sustainable financial management in local authorities. By complying with the principles and standards within the FM Code, authorities will be able to demonstrate their financial sustainability.

Browse all codes of practice