Proposed backstop date of 30 September 2024 would force auditors to qualify or disclaim local authority financial statements if councils cannot resolve accounting issues in time.
This month’s top stories include mandated payrolling employer-provided benefits; information around the abolition of the pensions lifetime allowance; and an explainer on how to calculate NICs for directors.
The Levelling Up, Housing and Communities Committee has delivered a landmark report that will transform local authority financial statements, says ICAEW’s Alison Ring.
This month’s top stories include ICAEW’s best tax stories of 2023; changing self assessment criteria; and messages from Government Gateway requesting email address confirmation.
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.
This is 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?
Reports and analysis
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.