Chartered Institute of Public Finance and Accountancy

Corporate Governance Panel

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   NEWS

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CIPFA Local Authority Finance Director e-newsletter - Edition 7
This newsletter provides an update on developments including the Code of Practice on Local Authority Accounting in the UK, the move to self-financing for local authority housing and fighting fraud locally. More...

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CIPFA’s submission to the EU on the Green Paper: The EU Corporate Governance Framework
Read more...

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Audit Committee Update
The CIPFA Better Governance Forum (BGF) has published an Audit Committee Update for its subscribers. For further information click here.

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CIPFA Local Authority Finance Director e-newsletter - Edition 6 - March 2011
If you have any comments or suggestions on what we might usefully cover in the future, please contact Kerry Ace at kerry.ace@cipfa.org.uk  or Alison Scott at alison.scott@cipfa.org.uk

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Application Note to Delivering Good Governance in Local Government : A Framework (CIPFA/SOLACE)
The purpose of this application note is to advise on the application of the Statement on the Role of the Chief Financial Officer in Local Government (2010) under the CIPFA/SOLACE Framework. It illustrates:

• how the governance requirements to support the principles in the CFO statement build on the governance requirements that need to be reflected in an authority’s local code set out in the CIPFA/SOLACE Framework and guidance note

• how the annual governance statement can reflect compliance with the CFO statement for reporting purposes.An Application Note to Delivering Good Governance in Local Government can be found here.

An Application Note to Delivering Good Governance in Local Government can be found here.

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Statement on the Role of the CFO in Local Government
The Statement on the Role of the CFO in Local Government describes the role and responsibilities of CFOs in Local Government. It builds heavily on CIPFA’s Statement on the Role of The CFO in Public Services and applies the principles and roles set out in that document to Local Government. Click here to download the Statement in full.

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Committee on Standards in Public Life
CIPFA has submitted comments to the Committee on Standards in Public Life on the review of MPs' expenses. In our view, the solution does not lie in Parliament agreeing new rules, tighter controls or more modest allowances. The solution lies in Parliament removing itself completely from any involvement in proposing or approving MPs’ pay and expenses. Read the response in full.

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Combined Code
CIPFA has commented on the FRC's review of the effectiveness of the Combined Code. In our view, one issue for the FRC to consider is how the Combined Code can reinforce the message that good governance must be demonstrated by the personal conduct of those responsible for governance arrangements within companies. Click here to read the response in full.

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Committee on Standards in Public Life
CIPFA has responded to the 12th Inquiry - Local Leadership and Public Trust: Openness and Accountability in Local and London Government. Click here to read the response in full.

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   EVENTS

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Details of relevant courses will be added as soon as they become available.

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