Issue - meetings


2023/24 Accounting Policies

Meeting: 20/03/2024 - Accounts, Audit and Risk Committee (Item 68)

68 2023/24 Accounting Policies pdf icon PDF 232 KB

Report of Assistant Director of Finance.

 

Purpose of report

 

To ask the Committee to review and approve the Accounting Policies for inclusion in the 2023/24 Statement of Accounts which are due to be published by 31 May 2024. The council is required to set accounting policies which set out the specific principles, bases, conventions, rules, and practices applied by an authority in preparing and presenting financial statements.

Recommendations

The meeting is recommended:

1.1    To approve the accounting policies as recommended by the Chief Finance Officer (Appendix 1).

Additional documents:

Decision:

Resolved

 

(1)           That the accounting policies as recommended by the Chief Finance Officer be approved.

 

Minutes:

The Assistant Director of Finance submitted a report to review and approve the Accounting Policies for inclusion in the 2023/24 Statement of Accounts which were due to be published by 31 May 2024. The council was required to set accounting policies which set out the specific principles, bases, conventions, rules, and practices applied by an authority in preparing and presenting financial statements.

 

Resolved

 

(1)          That the accounting policies as recommended by the Chief Finance Officer be approved.