Issue details

Financial Management Code

The Chartered Institute of Public Finance and Accountancy (CIPFA) have issued a Financial Management (FM) Code which aims to ensure a high standard of financial management in local authorities. An assessment of the Council’s current compliance with the code together with an action plan for improvement was reported to Audit and Governance in March 2021.

Many areas of good practice in financial management were highlighted within the compliance assessment. The purpose of this report is to provide an update on progress in implementing the action plan for further improvements and also to identify additional actions to further improve compliance.

Decision type: Non-key

Decision status: For Determination

Wards affected: (All Wards);

Decision due: 22 Jun 2022 by Audit and Governance Committee

Lead director: Executive Director of Corporate Resources and Customer Services

Contact: Andrew Bridson Andrew Bridson E-mail:  andrew.bridson@seftpn.gov.uk Phone: 0781 354 3320  andrew.bridson@sefton.gov.uk.

Agenda items

List of background documents to be considered by decision maker

  • Financial Management Code