Supporting Local Councils in Cornwall

Year-end & Audit - Income & Expenditure Accounts - Covering how to include debtors and creditors and reconcile the accounts to the cash position

Session leaders: Steve Parkinson, The Parkinson Partnership LLP
Steve is a former Town Clerk and an accountant with over 30 years' experience in public and voluntary sector finance. He now specialises in delivering training and advice on VAT and finance matters for the local council sector.

For officers who want to understand how to prepare their council's Annual Governance & Accountability Return on an income and expenditure basis (mandatory for councils regularly spending over £200,000) and comply with the requirements of the audit process.

There are alternative sessions for:
Councils under £25,000
Councils that prepare Receipts & Payments accounts

This session introduces the Annual Return and the stages of the audit process, enabling you to complete all the relevant steps correctly.

Topics include:

  • Closing the accounts
  • Debtors and creditors
  • Assets and borrowing
  • Internal audit
  • Reviewing internal control
  • The Annual Return
  • Electors rights
  • Publication requirements

By the end of this session you will:

  • Be able to identify the steps needed as part of the audit process
  • Understand how to close the council's accounts
  • Understand how to complete the Annual Return
  • Be able to correctly allow the exercise of electors' rights
  • Recognise the need to review internal controls

Training is carried out online via the Zoom platform. Please email us at training@cornwallalc.org.uk to make a booking. Session dates are shown in the online calendar or you can email us for dates. Steve Parkinson courses are charged at £30 plus VAT per delegate. Places are in high demand and booked on a first come first served basis. Your booking confirmation will contain a link to the online event. Please ensure that you log in at least 10 minutes before the session starts and make sure that your screen name includes your first and last names.

Last updated: Tue, 26 Jul 2022 14:37