Note that this consultation closed on 19 September 2014
CIPFA and CIPFA/LASAAC are consulting on the Simplification and streamlining of the presentation of local authority financial statements.
This consultation focuses on the reporting of local authority performance and therefore on the comprehensive income and expenditure statement, the movement in reserves statement and the segmental reporting requirements specified in the Code of practice on local authority accounting in the United Kingdom. As an important part of reporting performance it also considers the narrative reporting requirements which would accompany the financial statements.
The consultation is seeking views of interested parties and is encouraging respondents to be both creative and challenging in their responses.
The consultation will close on 19 September 2014. Please send your responses to simplification@cipfa.org
The consultation documents include specific questions that CIPFA/LASAAC is seeking interested parties' views on. It would be helpful if the interested parties respond to these questions. However, CIPFA and CIPFA/LASAAC are happy to consider any issues raised by the consultation paper.