FINANCE

The future of local authority accounts closedown

Crucial messages on core local government accounting tasks have come from a new report by CIPFA and EY

Local government is used to accounting in a complex system of rules for reporting, monitoring, governance and scrutiny. Finance teams may spend months looking back, consolidating and finalising the accounts that summarise what the organisation has been doing in the last year.

With pressure on the sector to save money, many are looking to find ways to enable them to spend more time looking to the future, and giving priority to planning.

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