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16 Mar 17
New ways of working bring new risks, so the Treasury Management Code and the Prudential Code need to remain up to date and relevant
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17 Feb 17
The UK will be in a strong negotiating position to claim a share of EU assets accrued during the country’s membership of the economic bloc as part of Brexit negotiations, according to CIPFA...
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2 Feb 17
Integrated reporting helps organisations show how well they are performing, and practical guidance on applying it is being drawn up
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14 Oct 16
The Treasury must get a grip on the financial risks highlighted by the Whole of Government Accounts, parliament’s spending watchdog has said.
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3 Oct 16
Building staff capability and capacity globally will be key if countries are to adopt accruals-based accounts that comply with international standards
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27 Sep 16
Improving people’s lives in developing countries requires strong public financial management. Without this, money is wasted and fraud can thrive
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15 Jul 16
The Department for Environment, Food and Rural Affairs and the Ministry of Defence have both had their 2015-16 accounts qualified by the auditor general.
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13 Jul 16
Governments around the world need to hold themselves to the same high standards as they expect from the private sector, the president of the International Federation of Accountants has said.
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8 Jul 16
CIPFA and EY have launched a new service to quicken the production of fully compliant accounts for local authorities.
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7 Jul 16
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5 Jul 16
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27 May 16
The Treasury is making progress on improving the quality of the Whole of Government Accounts and there is a path to removing the remaining qualifications, the National Audit Office’s report on the...
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20 Apr 16
Auditor general Amyas Morse has issued an adverse opinion on the truth and fairness of the Department for Education’s group financial statements for 2014-15, concluding they did not provide the...
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10 Mar 16
Paul Druckman, chief executive of the International Integrated Reporting Council, will be standing down from the role, it was announced today.
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30 Nov 15
Social benefits are a major area of expenditure for most governments. A common standard for accounting for these has now been drafted
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3 Nov 15
CIPFA has appointed a new head of its governments faculty to lead the institute’s work on global financial management.
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2 Nov 15
Communities secretary Greg Clark has insisted that the classification of housing associations as public bodies will not lead to the imposition of financial constraints on the sector. He said he had...
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30 Oct 15
The trend towards ever-greater outsourcing is putting vital public services in the hands of potentially unstable conglomerates but leaving public bodies with the asset risk.
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30 Oct 15
The Office for National Statistics has today classified housing associations as part of the public sector, leading to an estimated £60bn increase in public sector net debt.
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7 Oct 15
Read the Autumn 2015 edition of PFI Magazine, featuring interviews with the World Bank’s Arumna Oteh and newly appointed IPSASB chair Ian Carruthers, plus a cover feature examining the finances of...
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7 Oct 15
Read the Autumn 2015 edition of PFI Magazine, featuring interviews with the World Bank’s Arunma Oteh and newly appointed IPSASB chair Ian Carruthers, plus a cover feature examining the finances of...
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2 Oct 15
The Auditor General for Scotland has warned Scottish ministers that they need to develop better financial reporting ahead of the devolution of new fiscal powers.
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28 Sep 15
A leading international credit rating agency has criticised the presentation of UK local government accounts, saying they cannot be easily compared with those of other countries.
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28 Sep 15
Cut out the clutter, but don’t expect half a dozen pages to give a true and fair view of local authority finances
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5 Aug 15
With concerns that Generation Y is missing out on government largesse, do public accounts need to be more transparent and reflect the costs of, say, future pension liabilities? It’s a question...