Martin Ford 06 July 2026

CIPFA prudential code changes aim for greater council transparency

CIPFA prudential code changes aim for greater council transparency image
© Doidam 10 / Shutterstock.com.

Changes to councils' financial reporting are being proposed in a bid to prevent a future collapse on the scale of Woking BC.

A six-week consultation by the Chartered Institute of Public Finance and Accountancy (CIPFA) opens this week on the prudential code.

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