FINANCE

'Emergency consultation' launched on accounting rules

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

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By Martin Ford | 04 February 2022

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.

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Martin Ford

Popular articles by Martin Ford

  1. Ombudsman calls for more powers
  2. Call for courage over failing council finances
  3. Government will 'not hesitate' to intervene in planning
  4. MPs sound alarm on SEND deficits
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