CIPFA Webinar 2025/26 Code Consultation

Event

Event summary

CIPFA LASAAC has issued its annual consultation on the 2025/26 Code of Practice on Local Authority Accounting in the United Kingdom (the Code). The 2025/26 Code will apply to accounting periods starting on or after 1 April 2025.

Date

22 January 2025
Starts: 10:00
Ends: 11:00

Standard price

£0.00 excl VAT

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About this event

CIPFA LASAAC has issued its annual consultation on the 2025/26 Code of Practice on Local Authority Accounting in the United Kingdom (the Code). The 2025/26 Code will apply to accounting periods starting on or after 1 April 2025.

Join to hear more about advancing longer term reforms with the change in approach to the measurement of Operational Property, Plant and Equipment in line with the HM Treasury Thematic Review.

Who should attend?

All finance professionals working in local authorities and other bodies reporting under the CIPFA/LASAAC Local Authority Accounting Code of Practice, plus those who supply services to the sector.

How will you benefit from attending?

Join to hear more about the changes being proposed in the 2025/26 Code including:

  • Longer-term reforms and change in approach to the measurement of Operational Property, Plant and Equipment in line with the HM Treasury Thematic Review
  • Changes to accounting standards for 2025/26, including:
    • IFRS 17 Insurance Contracts
    • Amendments to IAS 21 The Effects of Changes in Foreign Exchange Rates (Lack of Exchangeability)
  • Legislative changes, including:
    • Accounts publication deadlines (England)
    • Fair value gains and losses on pooled investments (England and Wales)
    • Extension of the Temporary Solution for infrastructure assets
  • CIPFA LASAAC's strategic plan
  • Other financial reporting or emerging issues, including:
    • Changes to IFRS standards which could impact on the Code
    • Changes to IPSAS standards which could impact on the Code

CPD hours

This carries 1 CPD hour.




Topics

  • Accounting
  • / Financial reporting
  • / Local government
  • / Pensions
  • / Property

Speaker - Iain Murray, Director of Public Financial Management, CIPFA

Iain is CIPFA’s recently appointed Director of Public Financial Management and has over 20 years’ experience of working with the public sector. Having joined District Audit as a graduate trainee in 2002 Iain moved his way up to manager at the Audit Commission before joining Grant Thornton in 2012 where he progressed to director and became a key audit partner. Working with the public sector has always been a deliberate choice, during his career Iain has worked with local government, NHS and police bodies of varying size and complexity in both an audit and advisory capacity. He is well versed in the issues public finance and public services. At CIPFA Iain leads the teams in the key areas of policy, technical and standard setting.

Speaker - Conrad Hall, Chair CIPFA LASAAC, Corporate Director of Resources for Newham Council

Conrad Hall portrait style profile picture

Conrad has twenty years of senior financial management experience in London local authorities, the last ten of which have been in chief finance officer roles,

He trained with the Audit Commission, qualified as a CIPFA accountant in 1998, and is a former winner of the Accountancy Age UK Accountant of the Year award for his work in transforming Lambeth Council. He is currently the Corporate Director of Resources for Newham Council and chairs the CIPFA/LASAAC board, which is responsible for financial reporting and accounting standards for UK local government

CIPFA is currently closed, webchat will be available from 03/01/24 from 09:00 - 17:00.