Parliament launches inquiry into local government financial reporting
Call for evidence as House of Commons committee announces an inquiry into local government financial reporting and audit, following ICAEW’s campaign.
Read the latest insights on financial reporting and accounting in the public sector, including developments in International Public Sector Accounting Standards (IPSAS) and International Financial Reporting Standards (IFRS). Find out more about how governments around the world are adopting accrual accounting and producing financial reports similar to those used in the private sector, and the public sector specific issues they need to consider.
Call for evidence as House of Commons committee announces an inquiry into local government financial reporting and audit, following ICAEW’s campaign.
In response to the crisis in financial reporting and audit in local authorities in England, ICAEW argues that urgent action is needed to bring confidence to the finances of local public bodies.
Jonathan Djanogly MP quotes ICAEW evidence as he asks whether the business department needs to change its approach to recovering fraud losses from COVID-19 support schemes.
Two experts explain how the financial statements provide important information on the financial sustainability of local authorities despite audit delays that impact their usefulness.
Find out about the decisions made at the recent meeting of the International Public Sector Accounting Standards Board and the implications for financial reporting in the public sector.
The fourth instalment in a series looking at the differences between International Financial Reporting Standards (IFRS) and International Public Sector Accounting Standards (IPSAS), and the suitability of each for public sector financial reporting.
What are the key financial reporting projects currently being worked on by the International Public Sector Accounting Standards Board (IPSASB)?
What do governments need to be thinking about in accounting for financial loan guarantees?
Access a range of resources from IPSASB to help maintain strong public financial management during the pandemic.
A response dated 10 November 2020 to an invitation to comment published by the UK Endorsement Board in October 2020.
An ICAEW discussion paper to help generate a broad consensus on how to achieve reform of public sector accounting across Europe by 2025.