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Introduction to Local Government Reporting Principles and Practices
Event summary
This FAN open training course will provide delegates with a solid understanding of the local government financial reporting framework. The workshop will provide an overview of the purpose and objectives of the UK Local Authority Accounting Code of Practice and examine the main legislation and accounting standards that empower, guide and limits financial reporting. It will also review the key accounting concepts and principles behind the Code and explore areas of reporting specific to local government, such as the Collection Fund and Housing Revenue Account. Finally, the workshop explores the presentation of the financial statements and the inter-relationships between them.
Date
07 November 2024
Starts: 10:00
Ends: 16:30
Location
Webinar
Standard price
£365.00 excl VAT
Network Member Price
£310.00 excl VAT
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About this event
Who should attend?
Local authority finance staff who are new to local government financial reporting or those who want to improve and update their knowledge in this area.
Those from outside the sector who wish to gain knowledge of how local government reporting works and the legislative and accounting framework that underpins it.
How will I benefit from attending?
Attendees will benefit from:
-
Improved awareness of the Code of Practice on Local Authority Accounting in the UK.
- An understanding of the key legislation that underpins local government financial reporting.
- Improved knowledge of the accounting concepts and principles within local government financial reporting.
- An overview and understanding of the main accounting standards the Code is based on.
- An overview of the presentation of, and the inter-relationships between, the different financial statements.
CPD hours
Five hours.
Topics
- Accounting
- / Financial reporting
- / IFRS
- / Local government
- / Police
- / Professional development
Speaker - David Ellis, FAN Advisor, CIPFA
David joined CIPFA in July 2012 as a FAN advisor, after a 30 year career in local government. He spent several years as chief accountant with key responsibilities for the statement of accounts.
David has an extensive technical knowledge and practical understanding of local authority financial statements and the International Financial Reporting Standards (IFRS)-based Code of Practice, and uses that wealth of knowledge and experience to provide support and guidance to practitioners across local government in his established role as FAN advisor. David qualified with CIPFA back in 1989 and uses his passion for understanding the evolving technical aspects of local authority accounting to provide support to finance staff at a practical level. As the pressures on local government funding and services continue to bite, CIPFA's FAN support is becoming an ever-important lifeline for busy practitioners in helping them prepare for and manage the changes in financial reporting and accounting required to comply with the code of practice.
Email: david.ellis@cipfa.org
Tel: 07879 665950
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