FINANCE

'Emergency consultation' launched on accounting rules

Temporary changes to the code of practice were requested by the Government to resolve 'timeliness' issues.

An ‘emergency consultation' has been launched in a bid to tackle delays to signing off council accounts.

Changes to the code of practice for 2021-22 and 2022-23 were requested by the Department for Levelling Up, Housing and Communities to ‘improve current issues around timeliness' in publishing audited financial statements.

Martin Ford

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