Chartered Institute of Public Finance and Accountancy

News

Latest Transitional Guidance issued [11 March 2010]
CIPFA is publishing the draft transitional guidance as it is developed. The latest sections (Benefits Payable During Employment and Accounting and Reporting by Pension Funds) were added on 11 March. Transitional guidance can be downloaded here.

IFRS-based Code of Practice on Local Authority Accounting Published [18 December 2009]
CIPFA/LASAAC has published the first IFRS-based Code of Practice on Local Authority Accounting, which will apply to in 2010/11. The Code can be purchased here.

IFRS-based Code of Practice on Local Authority Accounting Approved [2 November 2009]
At its meeting on 29 September 2009, CIPFA/LASAAC approved the first IFRS-based Code of Practice on Local Authority Accounting, which will apply to in 2010/11. The Code was subsequently reviewed by the Financial Reporting Advisory Board. A list of key changes from the Exposure Draft published for consultation can be found here.

Press Releases

 18-12-2009 IFRS: New CIPFA codes of practice published
 23-07-2009 CIPFA clarification on International Financial Reporting Standards (IFRS) and council tax
 25-06-2009 Consultation launched for new IFRS council accounting code
 16-06-2009 LASAAC Annual Report shows key role in IFRS transition
 25-02-2009 Strong leadership and commitment are essential for the successful delivery of IFRS in the public sector
 02-01-2008 Local authority accounts to follow International Financial Reporting Standards
 09-10-2007 IFRS ushers in new era for local government reporting
 01-05-2007 CIPFA response to Treasury’s proposed move to international accounting standards