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Best Value

Best Value Accounting Code of Practice 2008 Consultations on:

The England and Wales Service Expenditure Analysis

A consultation paper on amendments to the Service Expenditure Analysis part of the England and Wales Best Value Accounting Code of Practice (BVACOP) 2007 is now available.

Proposals to alter mandatory divisions of service are limited to the following SEAs:

  • Cultural, Environmental and Planning Services;
  • Housing.

Proposals to alter the names of service have been made in respect of the following SEAs:

  • Cultural, Environmental and Planning Services;
  • Highways, Roads and Transport Services.

Remaining SEAs are largely unchanged with alterations for the most part consisting of amendments to the subdivisions and guidance notes.

Responses to this consultation paper should be sent preferably by email (bvacop@cipfa.org) to:
Jonathan Bailey
IPF
No 1 Croydon
12-16 Addiscombe Road
Croydon
CR0 0XT
To arrive no later than noon on 12 September 2008.

DOWNLOAD Consultation Paper (12 pages) Word [116KB] | PDF [151KB]
DOWNLOAD Consultation Exposure Draft PDF (154 pages) PDF [1.5MB]

Applicable Dates for BVACOP

This consultation proposes changes to the applicable dates for future editions of BVACOP so that, following a transition period, BVACOP will be aligned with a single financial year. Separate consultations will be held on proposals for substantive changes to BVACOP.

Responses to this consultation paper should be sent preferably by email (paul.mason@cipfa.org) to:
Paul Mason
CIPFA
3 Robert Street
London WC2N 6RL
To arrive no later than 12 September 2008.

DOWNLOAD Dates Consultation Paper (3 pages) PDF [60KB]

BVACOP 2007Best Value Accounting Code of Practice 2007 (BVACOP)

In England and Wales, the Best Value Accounting Code of Practice (BVACOP) is given legislative authority by regulations which identify the accounting practices it propounds as 'proper practices' under the Local Government Act 2003. In Scotland this is derived from the Local Government in Scotland Act 2003. In Northern Ireland, too, primary legislation has given statutory effect to a Best Value framework.

This year BVACOP provides even more practical guidance on all formal financial disclosures required in relation to the Best Value regime. It is also available in CD-ROM format to enable wide and cost-effective access.

BVACOP in England and Wales

The England and Wales Edition of BVACOP is available in the CIPFA Shop:

BVACOP in Scotland

The 2007 Scottish Edition of BVACOP is available in the CIPFA Shop:

BVACOP in Northern Ireland

The 2007 Northern Irish Edition of the BVACOP is available in the CIPFA Shop:

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