From:                                   CIPFA FAN <cipfa@email.cipfa.org.uk>

Sent:                                    30 April 2020 17:33

To:                                        Pitt, Joanne

Subject:                                CIPFA Bulletin 5 - Closure of the 2019/20 Financial Statements - Published

 

 

 

Finance Advisory Network
E-alert: CIPFA Bulletin 05

 

FAN Alert

30 April 2020

CIPFA FAN has provided this Alert to support all finance practitioners accounting under the 2019/20 Code of Practice on Local Authority Accounting in the United Kingdom (the Code). We hope you find it of benefit.


CIPFA Bulletin 05 - Closure of the 2019/20 Financial Statements

The 2019/20 Year-end Bulletin has just been published and is available to download on the CIPFA website.

Included in the bulletin are many issues that have been raised with CIPFA and FAN directly over recent weeks, including Dedicated Schools Grant (DSG), McCloud and Sargeant Judgements, Going Concern, Covid-19 grants, NNDR s31 grants, impact of Covid-19 on asset measurement and impairment, and accounting standards issued but not yet adopted. There are also three appendices covering the updated DSG disclosure note requirements, IFRS 16 and a useful checklist of potential COVID-19 issues for narrative reporting.

CIPFA Bulletin 04 Treasury and Capital Management Update

CIPFA’s Treasury and Capital Management Panel have also issued CIPFA Bulletin 04 with general guidance to complement the Prudential and Treasury Management Codes and also guidance in response to challenges raised by COVID-19.

We hope this update is helpful and that you stay healthy and safe during these unprecedented times.

Best wishes,

David, Caroline and Sandra

Finance Advisory Network Advisors

David Ellis
01502 584395 /
07879 665950
david.ellis@cipfa.org

Caroline Newman
01964 533097 /
07919018938
caroline.newman@cipfa.org

Sandra Beard
02476 591922 /
07718242835
sandra.beard@cipfa.org

 

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