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CIPFA has developed a range of additional IFRS products and services to help public sector organisations understand the requirements of IFRS, overcome the key challenges and smooth the way for a successful transition.
These range from networks, software tools and newsletters to interim placement and consultancy services.
Finance Advisory Network’s IFRS Support
The CIPFA Finance Advisory Network (FAN), building on its unrivalled reputation for supporting the local government financial management change agenda, will be very active in helping its customers in local government respond to the challenges of introducing IFRS. The FAN will be providing workshops, briefings, ‘how to’ guides and a regular bulletin.
Click here for more information about FAN events.
IFRS Consultancy
Managing the conversion to IFRS is a challenging project but one that CIPFA’s consultants are equipped to help with. Consultancy can be flexible to meet your specific requirements and CIPFA’s skilled and knowledgeable consultancy team bring a wealth of experience in helping public services with change projects of all sizes. Well versed in the current IFRS requirements, consultants can deliver tailored added-value services to ease the transition from UK GAAP to IFRS in your organisation.
Interim Professionally Qualified Accountants
The preparation for IFRS and the implementation project may place a strain on your existing resources. Gaining temporary in-house dedicated support can make a key difference to your capacity and offers a flexible solution. CIPFA Placements is an ideal source of professionals who can work as part of your team to provide support and guide clients through the change process. Whether for a short or long-term contract, they will be able to help in a number of ways.
Managing Assets under IFRS
The way assets are reported will change with the introduction of IFRS and to ensure that your organisation is fully compliant CIPFA Property’s software can help. AssetManager.Net is the most up to date Asset Management software on the market and the only software that integrates the Capital Accounting requirements with the needs of Legal and Estates. In addition all the financial components of the software meet the requirements of IFRS.
Central Government IFRS Network
Are you interested in joining a network of IFRS practitioners in the Central Government sector? Please contact CIPFA: technical.enquiry@cipfa.org.uk
Technical Enquiry Service
CIPFA operates a Technical Enquiry Service in England, Wales and Northern Ireland and also a dedicated service for Scotland, providing information, guidance and advice on professional issues. The implementation of IFRS across the public sector is expected to pose many challenges for practitioners and CIPFA can provide support through this process.
For technical help in England, Wales and Northern Ireland contact:
T: 020 7543 5888
E: technical.enquiry@cipfa.org.uk
For technical help in Scotland contact:
Gareth Davies
T: 0131 559 3604
E: gareth.davies@cipfa.org.uk