Following a letter dated 4 April 2018 from external audit firms, the CIPFA/LASAAC Local Authority Code Board has issued a clarification statement on Provisions in the Local Authority Accounting Code on Contracts with Lender Option Borrower Option Clauses.
This clarification may affect 2017/18 accounts and audit process for some authorities.
PDF 150 KB
Join the FAN
Webchat is available Monday to Friday, 09:00 - 17:00 (excluding UK bank holidays).