Dan Peters 24 April 2019

Hopes for legislative backing behind new code

An overhaul of financial management in councils could be enshrined in law, according to a consultation that stakeholders must respond to within days to influence.

The deadline for responses to the Chartered Institute of Public Finance and Accountancy (CIPFA) consultation on the financial management code is on Tuesday.

And CIPFA has said it eventually wants the jurisdictions of the different part of the UK to provide statutory backing to the code.

The Ministry of Housing, Communities and Local Government (MHCLG) is understood to have been very supportive of the code though parliamentary time at the moment is tight.

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#Audit #Consultation #Finance #CIPFA #Budgets and efficiency #Chief executives #MHCLG

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