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Local Authority Accounting
conference – Autumn 2020 update – 25 November 2020
This Local Authority
Accounting Conference is the key event for practitioners to find
out about the very latest developments and issues for local
government financial reporting, both now and going forward. Hear
directly from Sir Tony Redmond on the outcomes and recommendations
of his review, as well as hearing the latest updates on the
potential outcomes of consultations on PWLB lending terms and
McCloud, and the PAC report on commercialisation, as well as the
very latest position on IFRS 16 Leases, changes in the Code and the
COVID-19 impact on financial reporting.
To book please go to the FAN Events webpage
FAN 2020/21 Accounts
Closedown and Financial Reporting Workshops (webinars in January
and February 2021)
The FAN team are working
again with associate Graham Liddell for our annual closedown
series, which this year (in line with other CIPFA workshops) is
being delivered via webinar. The workshops will feature the usual
healthy mix of technical updates and topical discussion and we hope
to have details of the programme out in the next couple of weeks.
The series is expected to run from 7 January to 10 February, so
there will be plenty of dates to choose from, and as they are being
delivered by webinar, they are now more accessible with no need to
travel. Watch out for details very soon.
Impact of COVID19 on NNDR
and Council Tax budget setting (2021/22) and accounting England
(2020/2021) – Webinars December 2020
Following a number of
requests, this joint event between FAN and CBRS allows the
opportunity for revenues and accounting delegates to work together
and consider their respective and combined roles and
responsibilities in both completing the NNDR 1 2021/22 form and
setting the council tax base.
The COVID-19 measures
introduced by MHCLG, which we anticipate will require authorities
to spread the collection fund deficit, will directly impact on the
structure and completion of NNDR 1 2021/22 form. The COVID-19
measures will also impact on the calculation of the 2021/22 council
tax base for tax setting purposes, and the expected need to codify
this in a form as well as accounting for the 2020/21 collection
fund and Section 31 grants, will also be considered in this
session.
Caroline has been working
directly with MHCLG on making the spreading proposal work and both
she and Adrian Blaylock, lead Revenues Advisor are working with
them on the NNDR 1 2021/22 form, so are right at the heart of what
is going on. We had originally planned for 2 webinars on this topic
but these, and a third added to the series have sold out so we have
added a fourth and final date on 10 December.
Are you suffering from
collection fund accounting issues?
Caroline has written an article for CIPFA Thinks on the common problems
that local authorities seemed to encounter with their 2019/20
Collection Fund accounting. It’s more of a checklist of questions
you should be asking yourself for assurance that you are happy with
your own approach. Hopefully you are confident in your approach but
if not, we have also added a collection fund support page to the FAN website
detailing all the different support options we offer in this area.
Bookings are already being taken for consultancy support and
external reviews for 2020/21 collection fund closedown, so do get
in touch with Caroline if either of these is something you would be
interested in.
McCloud Employer Engagement
– Free webinar 5 November 2020
Stakeholder management will
be a key component of plans to deliver the McCloud remedy. This
free webinar will cover the changes faced by a variety of
stakeholders, with a focus on member engagement, the member journey
and the opportunity that presents, whilst managing the risks.
Places can be booked via the CIPFA website.
CIPFA Property
Sustainability Conference - 26 November
Through the four key sub
themes of sustainable housing, sustainable technologies, ethical
investments and sustainable planning, the Sustainability 2020
Conference will provide practical advice and strategies that give
both thought leaders and practitioners the tools they need to
fulfil their roles better. Sustainability 2020 delivers real
insight, guidance and advice to help meet arguably the world's
greatest challenge. Places can be booked via the CIPFA website.
Additional COVID-19 advice
and support for local authorities
CIPFA has an online hub for COVID resources. Essential
guidance for local authorities on all aspects of the coronavirus
support can be found on the GOV.UK website.
Spending Review and Local
Government Finance Inquiry
The Housing, Communities
and Local Government Committee will consider what approach the
Government should take to funding local government as part of the
2020 spending review. It will investigate the current financial
health of local authorities and their ability to deliver services,
including the additional pressures caused by the Covid-19 pandemic.
In light of continued delays to the multi-year spending review, the
Committee Inquiry will also examine the impact
of single year settlements on the ability of councils to plan and
deliver services in the long-term.
CIPFA Thinks
Don’t forget to
periodically check CIPFA Thinks to see the latest set of articles,
comments and publications covering topical aspects of public
finance and also those issues specific to local government.
Follow FAN on Twitter and
connect to us on LinkedIn
David, Sandra and Caroline
regularly tweet details of relevant news stories, FAN event
updates, CIPFA consultation alerts, COVID-19 updates, etc. We
encourage subscribers to follow us on Twitter for the latest news,
so even if you don’t ‘tweet’ yourself, it’s a great way to keep
updated on key issues affecting local authority finance and
accounting. Click to find David Sandra and Caroline on Twitter, or search for all our
network advisor tweets using the hashtag #cipfanetworks .
We can also be found on
LinkedIn and increasingly use social media for additional FAN
updates, so if you are on LinkedIn then please feel free to connect
to us: David , Sandra and Caroline .
LinkedIn Discussions
CIPFA has its own LinkedIn group where you can find up to date
announcements and discussions on all the latest issues in the
public sector. Why not join in one of the discussions or start a
conversation of your own?
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