Supporting Local Councils in Leicestershire & Rutland

Tags: Finance & Audit

Calling All Councils - New Version of Practitioners Guide Issued

The Joint Panel on Accountability and Governance (JPAG) has published a new edition of the Practitioners' Guide (otherwise known as Governance and Accountability for Local Councils) and have also written a letter to practitioners' (e.g. clerks, internal auditors, and councillors) clarifying a range of queries.

The letter addresses queries on communications, virtual meetings, the financial year to which... Read More »

Posted: Wed, 12 Aug 2020 06:59 by Jake Atkinson

Tags: Audit, Finance, Finance & Audit, JPAG

Close of Audit 2018-19

As always at this time of year we are publishing information to assist our member councils in ensuring that they are compliant and are fulfilling legal requirments placed upon them with regards to the annual audit process for all councils.

Councils which were eligible to certify as exempt from external audit (ie below £25k turnover), and did so, will receive nothing further from their external... Read More »

Posted: Fri, 04 Oct 2019 12:01 by Jake Atkinson

Tags: Finance & Audit, Financial, LRALC, audit

External Audit: The Exercise of Public Rights

A reminder to all our member councils that the period of 30 working days granted for the exercise of public rights must include the first 10 working days of July. To meet statutory requirements all local councils must:

1. Fully and accurately complete the notice of public rights pro forma (see below for further details).

2. Publish (including on the council's website) the following documents, the day... Read More »

Posted: Tue, 18 Jun 2019 10:08 by Frances Webster

Tags: Finance & Audit

PKF Littlejohn guidance and online training session

We have received confirmation that the recording of PKF Littlejohn's training update for 2018/19 is now available on their website here and via YouTube. The slides, including speaker notes, are also available on the website.

PKF Littlejohn has confirmed that they anticipate being able to upload the 2018/19 forms, pro forma templates and instructions to their website before the end of this week.

They... Read More »

Posted: Wed, 20 Mar 2019 11:49 by Frances Webster

Tags: Finance & Audit

PKF Littlejohn guidance on external audit for 2019

We have received confirmation from PKF Littlejohn that they will not be able to provide any training sessions at county level this spring due to the extent of the geographical area that they now cover.

They will be hosting a webinar similar to last year which is planned to be recorded on 19 March and will then be available on their (and our) website.

This will be a short update for the 2018/19 season... Read More »

Posted: Tue, 05 Mar 2019 08:06 by Frances Webster

Tags: Finance & Audit

NEW COURSE - Local Council Planning for the Medium Term

This course is designed for parish and town councillors and clerks from councils that are interested in maximising the opportunities presented by the 3 year moratorium on "capping".

Many councils are not considering the opportunity for medium term planning provided by the government's announcement that it does not intend to apply the referendum principles (known colloquially as "capping") to parish... Read More »

Posted: Fri, 21 Sep 2018 11:37 by Jake Atkinson

Tags: Finance & Audit, Financial, Funding, LRALC

Redaction of AGAR Signatures

Since our round robin on Friday 11th May 2018 we have had further correspondence from PFK Littlejohn on the issue of the redaction of signatures on published AGAR forms. The issue is due to be discussed further by PFK Littlejohn in the light of GDPR implementation.

See below for a copy of the correspondence.

Thank you for your email. Our expectation is that signatures are not redacted. This was raised... Read More »

Posted: Mon, 14 May 2018 20:08 by Jake Atkinson

Tags: Finance & Audit, Guidance, audit

New guidance on local government investments

The Government has published a new edition of its statutory guidance on local government investments. The new edition applies in England only, for accounting periods starting on or after 1st April 2018. The guidance can be found by clicking here.

The main change is that the guidance is now mandatory for parish and town councils where investments exceed or are expected to exceed £100,000 in the... Read More »

Posted: Mon, 12 Mar 2018 22:49 by Jake Atkinson

Tags: Finance & Audit, Guidance, audit, investments, reserves

PKF Littlejohn - External Audit briefing - presentation

It was great to see so many of you at PKF Littlejohn's External Audit briefing last week. We have now received a copy of the power point slides for you to access to review the course content.

You will recall that Senior Audit Manager Rebecca Plane promised to provide an update on whether Sections 1 and 2 of the AGAR Part 3 (for those authorities subject to a limited assurance review) could be submitted... Read More »

Posted: Tue, 06 Mar 2018 13:36 by admin

Tags: Finance & Audit

PKF Littlejohn - FREE external audit briefing

Just a reminder about PKF Littlejohn's free external audit briefing on 26th February 2018, 11.30am - 1.00pm, at Elizabeth Park Sports and Community Centre, Thurmaston. Please see here for booking details: https://www.leicestershireandrutlandalc.gov.uk/pkf-littlejohn---external-audit.html.

If you are unable to attend this you can still access a recorded version of PKF Littlejohn's recent webinar (along with slides and FAQs) here: https://www.pkf-littlejohn.com/services-limited-assurance-regime-useful-documents-and-links... Read More »

Posted: Thu, 08 Feb 2018 09:06 by admin

Tags: Finance & Audit