Latest Updates

CIPFA Scottish News - September Edition
CIPFA Scottish News is issued quarterly. September's edition includes articles on the development of finance skills, CIPFA responses on Local Income Tax and Calman Commission, local authority charities, LASAAC news, Fire and Rescue Authorities, NHS Professional Alliance, responses to the Western Isles Health Board report, Audit Scotland NHS reports, Ujima Housing Association collapse, housing Large Scale Voluntary Transfers and members news.
To see the newsletter click here.

IFRS Accounting for PFI Schemes and Finance Leases- LASAAC Consultation
The Local Authority SORP is expected to implement IFRS requirements (IFRIC 12) for PFI schemes in 2009/10 with all other IFRS requirements being implemented in 2010/11, including those for finance leases (IAS 17). Following an initial exercise with Argyll and Bute, LASAAC has identified two key areas requiring clarification before quantification of the financial impact of these accounting changes can be carried out :

• the legal ability of authorities to knowingly enter PFI schemes and/or finance leases which will result in long-term liabilities being shown on the balance sheet
• the application, or otherwise, of Loans Fund accounting to PFI scheme and finance lease liabilities

LASAAC have issued a consultation document and response form to local authorities on this issue, with responses requested by 17 October. To download the consultation document click here, to download the response form click here.

Scottish Social Services Council - Request for Audit Committee Member
The Scottish Social Services Council (SSSC) is responsible for registering people who work in social services in Scotland and for regulating their education and training. There are around 139,000 social service workers in Scotland, providing care and support to some of the most vulnerable sections of society. More details about the SSSC are available at http://www.sssc.uk.com/Homepage.htm.
The SSSC is currently seeking a volunteer qualified accountant to co-opt onto its Audit Committee. The Audit Committee meets 4 times a year at SSSC's headquarters in Dundee. The position is not remunerated.
If you are interested please contact : Gordon.Weir@carecommission.com.

Martin Easton joins lineup for Capital Finance in Scotland Seminar
Senior finance manager at Birmingham City Council Martin Easton has been added to an impressive list of speakers attending the Capital Finance in Scotland seminar being held on the 10th of October.
Martin will be covering bonds: A viable alternative. Other topics covered in the seminar include the government?s Infrastructure Investment Plan and the role of the Scottish Futures Trust in delivering it, and the Principles of Capital Procurement. 
Places are still available, so act fast to secure your place.
To view the full lineup and book online, click here.

October Events
October is fast approaching, and CIPFA Scotland is offering a full programme of exciting training courses.
Click here for more information.

International Financial Reporting Standards  (IFRS) 
CIPFA have created new web pages specifically IFRS (International Financial Reporting Standards) issues. The pages include news, training and useful links.  Click here for the pages.

'Valuing the Person'
Is the title of the upcoming development school being held on the 30th and 31st of October. The two day seminar promises to be a valuable educational and neworking opportunity for CIPFA members..
Where: Macdonald Inchyra Grange Hotel, Falkirk.
Visit the Development School page for further details.

CIPFA Conference 2009
The dates and venue have been finalised for next year's Annual Conference. Click here to find out when and where.