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. This requires an annual assessment of the
Council’s
compliance with the code and is accompanied by an action plan for
improvement.
Many areas of good practice in financial management are 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.
Decision type: Non-key
Decision status: For Determination
Wards affected: (All Wards);
Decision due: 19 Jun 2024 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.