Accounting for Schools in England and Wales
Accounting for schools in England and Wales
CIPFA/LASAAC has published a single issue Update to the 2014/15 Code of Practice on Local Authority Accounting in the United Kingdom.
Accounting for schools in the 2014/2015 Code
Following the consultation issued in February 2014 on accounting for schools in local authorities a new addendum has been added to the 2014/2015 Code (and is therefore applicable to the 2014/2015 financial year). In addition CIPFA has issued an informal commentary on accounting for schools, which is available on the LAAP pages of the CIPFA website as a technical alert.
Technical information note 14 (01)
CIPFA/LASAAC has also issued for free download an:
Informal Commentary and Clarification of the Relationship between Schools as Entities and the Recognition of Non-current Assets used by Schools.