Sir Harry Page Award Winner Announced
HM Treasury were praised for its work on developing new guidance on asset valuation. Read the press release.
PMM Needs You!
Public Money & Management is an extremely successful bridge between academics and practitioners. As well as strict guidelines for authors and careful editing, the editorial team achieves this by using two people to review each article. We are always on the lookout for additional practitioner referees.
Practitioner refereeing involves reading an article and recommending publication or not, or suggesting changes that would make it useful and important to practitioners. Referees cannot be paid and we need answers quickly so that authors do not have to wait too long for a decision.
If you would like to help out occasionally, please contact the Deputy Editor, Professor Jane Broadbent (jane.broadbent@roehampton.ac.uk) with your area of expertise.
Consultations on Financial and Stakeholder Reporting by Local Authorities
This is a time of great change for local authority accounting and reporting. CIPFA is therefore seeking views on the future direction of financial and stakeholder reporting by local authorities in two separate but linked consultations.
New LAAP Chair Appointed
The new Chair of the Local Authority Accounting Panel will be Ken Finch, Corporate Director - Resources at Conwy CBC. Ken has been a member of the CIPFA Council, and sits on CIPFA's Board for the Regions and Public Finance and Management Board. Tim Day, currently acting Chair of the panel will act as the vice chair for around 6 months to allow for a smooth transition. A new vice chair will then be appointed who will have a key supporting role in dealing with what will be a demanding workload.
NEW LAAP Bulletins
- LAAP 74 - Accounting for the Impact of HO Circular 11/2008 on Police Pensions (England and Wales only)
The Home Office has issued a circular amending the commutation factors for police pensions. Some of the changes are backdated to 1 October 2007 and may therefore need to be reflected in the 2007/08 accounts. This bulletin describes the accounting issues that need to be considered.
Download LAAP Bulletin 74 [PDF 72KB, 5 pages] - LAAP 75 - Accounting for the Impact of Circular FPSC 5/2008 (England) and Circular W-FRSC(08) 11 (Wales) on Firefighters' Pensions
This bulleting clarifies how, and in what circumstances, the requirements of the SORP in respect of events after the balance sheet apply to Circulars FPSC 5/2008 (England) and W-FRSC(08) 11 (Wales), which amend the commutation factors for firefighters' pensions and backdate these changes to 1 October 2007. It is relevant to the closure of the 2007/08 accounts.
Download LAAP Bulletin 75 [PDF 64KB, 5 pages]
