Understanding your Council's Financial Reporting Requirements

Training

Event summary

This new CIPFA network workshop is designed specifically to provide elected members with greater insight into the financial reporting requirements of their authority, giving them the knowledge and confidence to deliver effective engagement, scrutiny and challenge of the statement of accounts as part of their overall governance role. The workshops also consider the 2018/19 changes to local authority accounting and how that might impact on the financial statements members are required to approve.

Date

30 May 2019
Starts: 11:00
Ends: 15:30

Location

CIPFA Mansell Street
77 Mansell Street
London
Greater London
E1 8AN
[See map]

Standard price

£175.00 excl VAT

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About this event

Who should attend?

The workshop will benefit all local authority elected members charged with governance responsibilities for approving their authority’s accounting statements in 2018/19, regardless of the level of knowledge and previous experience in this role.

It would also suit other elected members who may be interested in obtaining a broader knowledge and awareness of how to understand and interpret local authority financial statements.

How you will benefit

The workshop will provide elected members with:

  • an improved understanding of the financial reporting requirements for their authority and awareness of how the latest changes in the accounting Code of Practice are likely to impact on the financial statements to be approved this year
  • an overview of important elements of the financial statements to focus on as part of their governance responsibilities, and insight on how to interpret the accounts to draw out the significant performance messages
  • the confidence to engage, challenge and ask appropriate questions of officers to ensure the accounts are transparent, understandable and focused on the key performance outcomes for the authority.

Topics

  • Accounting
  • / Audit
  • / Financial management
  • / Financial reporting
  • / Governance
  • / IFRS
  • / Local government
  • / Professional development

Download programme schedule

PDF 156.36 KB

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Speaker - David Ellis

David Ellis

David joined CIPFA in July 2012 as a FAN advisor, after a 30-year career in local government, spending several years as Chief Accountant with key responsibilities for the statement of accounts. E: david.ellis@cipfa.org, T: 01502 584395.