CIPFA LASAAC Local Authority Code Board

This board is responsible for preparing, maintaining, developing and issuing the Code of Practice on Local Authority Accounting for the United Kingdom.

From 2010/11 onwards, the Code has been based on International Financial Reporting Standards.

The board is a partnership between CIPFA (England, Northern Ireland and Wales) and the Local Authority (Scotland) Accounts Advisory Committee (LASAAC).

Contact Sarah Sheen with any queries about CIPFA/LASAAC.

Find out more by reading the CIPFA/LASAAC Terms of Reference and the sub-pages listed below:

What's going on?

Important Statement: Implementation of IFRS 16 to be deferred until 1 April 2020


CIPFA/LASAAC has issued the following  statement following decisions taken at the meeting of the government’s Financial Reporting Advisory Board (FRAB) on 22 November 2018.

Statement from the CIPFA/LASAAC Local Authority Accounting Code Board:Implementation of IFRS 16 Leases (PDF, 225KB)

CIPFA/LASAAC Vacancies on the Board

CIPFA/LASAAC has two vacancies on the Board ie an English local authority accounts preparer member and a local authority auditor.  For more detail on the vacancies download the CIPFA/LASAAC Member Role Description (PDF, 92.0KB).

CIPFA/LASAAC Clarification statement on contracts with LOBO clauses

CIPFA/LASAAC has issued the following statement on 15 May 2018: 

Clarification statement on contracts with LOBO clauses (PDF, 402KB)

Statement from CIPFA/LASAAC on the Adoption of IFRS9

CIPFA/LASAAC has issued the following statement on 13 November 2017:

CIPFA/LASAAC Statement on the Adoption of IFRS 9 Financial Instruments (PDF, 66.8KB)

Important Statement from CIPFA/LASAAC on the Measurement of the Highways Network Asset

CIPFA/LASAAC has issued the following important statement on 10 March 2017:

Statement from CIPFA/LASAAC Local Authority Code Board on the Measurement of the Highways Network Asset (PDF, 212KB)


Articles

Sarah Sheen, Technical Manager-Local Government Reporting at CIPFA, published To have and to leasehold:accounting for leases in Public Finance on 5 September 2018 

Alison Scott, former Head of Standards and Financial Reporting at CIPFA, published How to Make a Code of Practice in Public Finance on 28 March 2017.

The Chair of CIPFA/LASAAC, Lynn Pamment, and the Secretary, Sarah Sheen, published Council Accounting: A Shift from Rules to Principles in Public Finance.

Alison Scott, former Head of Standards and Financial Reporting at CIPFA, published Accounts Should Be of Interest to Local Taxpayers in the 4 June 2015 issue of Municipal Journal