Issue - meetings

CIPFA - Financial Management Code

Meeting: 17/09/2021 - Audit Committee (Item 17)

17 CIPFA Financial Management Code pdf icon PDF 308 KB

Report by the Chief Finance Officer

Additional documents:

Minutes:

17.1     The Committee considered a report by the Chief Finance Officer, which presented the revised CIPFA Financial Management Code.   

 

17.2     The Chief Finance Officer set out the Code’s focus on sustainability and decision making, and that the County Council had undertaken an internal assessment against the criteria.  The County Council is also working with other local authorities, to identify best practice in how to demonstrate compliance with the Code’s requirements.   The Committee suggested providing a summary of the scoring criteria, to aid easy understanding of future assessments.

 

17.3     The Committee RESOLVED to note the updated Guidance.